Results of annual general meeting Torre Industries Limited (Incorporated in the Republic of South Africa) (Registration number 2012/144604/06) Share code: TOR ISIN Code: ZAE000188629 ("Torre") RESULTS OF ANNUAL GENERAL MEETING The Company is pleased to advise shareholders that all the resolutions contained in the notice of annual general meeting (“AGM”) were passed by the required majority of shareholders present or represented by proxy at the AGM of Torre held today at 09h30 at 59 Merino Avenue, City Deep, Johannesburg. Altogether 258 532 085 shares, eligible to vote and representing 77.34% of Torre’s issued share capital, were represented at the meeting. Resolution number and description For Against %* %* Ordinary resolution number 1: Adoption of annual financial statements 100 0 Ordinary resolution number 2: Director appointment of M Ngoasheng 100 0 Ordinary resolution number 3: Director appointment of C Seabrooke 100 0 Ordinary resolution number 4: Re-election of P van Zyl as director 100 0 Ordinary resolution number 5: Re-election of C Lyons as director 100 0 Ordinary resolution number 6: Re-appointment and remuneration of auditors 100 0 Ordinary resolution number 7: Re-appointment of Audit and Risk Committee member P van Zyl 97.15 2.85 Ordinary resolution number 8: Re-appointment of Audit and Risk Committee member C Lyons 100 0 Ordinary resolution number 9: Re-appointment of Audit and Risk Committee member J Fizelle 100 0 Ordinary resolution number 10: Appointment of Audit and Risk Committee member C Seabrooke 97.72 2.28 Ordinary resolution number 11: General authority to allot and issue shares for cash 87.10 12.91 Ordinary resolution number 12: Non-binding advisory vote on Remuneration Policy 99.43 0.57 Special resolution number 1: General authority to acquire (repurchase) shares 100 0 Special resolution number 2: Authority to increase authorised share capital to 2 000 000 000 no par value ordinary shares 96.65 3.35 Special resolution number 3: Non-Executive Directors’ remuneration 92.59 6.75 Special resolution number 4: General authority to enter into funding agreements, provide loans or other financial assistance 97.72 2.28 Special resolution number 5: General authority to provide financial assistance for the subscription of securities 96.08 3.92 *as a percentage in relation to the total shares represented at the meeting, being 77.34% of Torre’s issued share capital 75 000 Torre shares abstained from voting on all ordinary resolutions as well as special resolutions numbered 1, 2, 4 and 5. 23 309 646 Torre shares abstained from voting on special resolution number 3. Johannesburg 10 December 2014 Sponsor Afrasia Corporate Finance (Pty) Ltd Date: 10/12/2014 03:33:00 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.