Results of annual general meeting ASCENSION PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/026141/06) JSE share code: AIA ISIN: ZAE000161881 JSE share code: AIB ISIN: ZAE000161899 (Approved as a REIT by the JSE) (“Ascension” or “the company”) RESULTS OF ANNUAL GENERAL MEETING Linked unitholders are advised that at the annual general meeting of linked unitholders held on Tuesday, 9 December 2014 (in terms of the notice of annual general meeting dispatched to shareholders on 29 September 2014), all of the resolutions tabled thereat were passed by the requisite majority of Ascension linked unitholders. Details of the results of voting at the annual general meeting are as follows: - total number of Ascension linked units that could have been voted at the annual general meeting: 685 219 873 - total number of Ascension linked units that were present/represented at the annual general meeting: 585 235 712 being 85.4% of the total number of Ascension linked units that could have been voted at the annual general meeting. Ordinary Resolution 1 : To re-appoint the auditors of the company For Against Abstentions Actual linked units voted* 580 822 392, being 99.25% - 4 413 320 585 235 712, being 100% Ordinary Resolution 2: To re-appoint Mervyn Burton, who retires by rotation as a director For Against Abstentions Actual linked units voted* 580 822 392, being 99.25% - 4 413 320 585 235 712, being 100% Ordinary Resolution 3: To re-appoint Andrew Nissen, who retires by rotation as a director For Against Abstentions Actual linked units voted* 580 822 392, being 99.25% - 4 413 320 585 235 712, being 100% Ordinary Resolution 4.1 : To re-appoint Mervyn Burton as a member of the Audit and Risk Committee For Against Abstentions Actual linked units voted* 580 822 392, being 99.25% - 4 413 320 585 235 712, being 100% Ordinary Resolution 4.2 : To re-appoint Bronwyn Bayvel as a member of the Audit and Risk Committee For Against Abstentions Actual linked units voted* 570 949 424, being 97.56% 9 872 968, being 1.69% 4 413 320 585 235 712, being 100% Ordinary Resolution 4.3 : To re-appoint Haroon Takolia as a member of the Audit and Risk Committee For Against Abstentions Actual linked units voted* 580 822 392, being 99.25% - 4 413 320 585 235 712, being 100% Special Resolution 1 : To approve the remuneration of non-executive directors For Against Abstentions Actual linked units voted* 580 705 564, being 99.23% - 4 530 148 585 235 712, being 100% Special Resolution 2 : To authorise the company to repurchase linked units For Against Abstentions Actual linked units voted* 557 332 329, being 95.23% 23 373 235, being 3.99% 4 530 148 585 235 712, being 100% Ordinary Resolution 5 : To give general authority to the board to implement all resolutions passed For Against Abstentions Actual linked units voted* 580 705 564, being 99.23% - 4 530 148 585 235 712, being 100% *linked units including abstentions 9 December 2014 Sponsor Java Capital Date: 09/12/2014 05:12:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.