Results of annual general meeting OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) Share code: OCT ISIN: ZAE000192258 ("Octodec" or “the Company”) REIT status approved Results of annual general meeting Shareholders are advised that the voting results for the annual general meeting of Octodec (“the AGM”) held at the registered offices of the Company today, were as follows: Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in issue* % % % % Special resolution 1: To approve 176 094 637 74.48904 99.98356 0.01644 0.32430 financial assistance to related and inter-related companies Special resolution 2: To authorise 176 119 757 74.49967 94.04422 5.95578 0.31368 the company and/or its subsidiaries to acquire its shares Special resolution 3.1: Approval of 176 119 757 74.49967 95.34165 4.65835 0.31368 directors’ remuneration for the period 1 September 2014 to 31 August 2015 - Mr Anthony Stein Special resolution 3.2: Approval of 176 119 757 74.49967 95.34165 4.65835 0.31368 directors’ remuneration for the period 1 September 2014 to 31 August 2015 - Mr Jeffrey Wapnick Special resolution 3.3: Approval of 176 119 757 74.49967 99.98356 0.01644 0.31368 directors’ remuneration for the period 1 September 2014 to 31 August 2015 - Ms Sharon Wapnick Special resolution 4.1: Approval of 176 119 757 74.49967 91.46849 8.53151 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Ms Sharon Wapnick Special resolution 4.2: Approval of 176 119 757 74.49967 100.0 0 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Derek Cohen Special resolution 4.3: Approval of 176 119 757 74.49967 100.0 0 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Gerard Kemp Special resolution 4.4: Approval of 176 119 757 74.49967 96.95206 3.04794 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Myron Pollack Special resolution 4.5: Approval of 176 119 757 74.49967 95.35809 4.64191 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Anthony Stein Special resolution 4.6: Approval of 176 119 757 74.49967 100.0 0 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Pieter Strydom Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in issue* % % % % Special resolution 4.7: Approval of 176 119 757 74.49967 95.35809 4.64191 0.31368 directors’ remuneration for the period 1 September 2015 to 31 August 2016 - Mr Jeffrey Wapnick Ordinary resolution 1.1: Re-election 176 119 757 74.49967 99.77889 0.22111 0.31368 of Ms Sharon Wapnick as a director Ordinary resolution 1.2: Re-election 176 119 757 74.49967 100.0 0 0.31368 of Mr Derek Cohen as a director Ordinary resolution 1.3: Re-election 176 119 757 74.49967 100.0 0 0.31368 of Mr Pieter Strydom as a director Ordinary resolution 2: To place the 176 119 757 74.49967 88.96955 11.03045 0.31368 unissued shares under the directors’ control Ordinary resolution 3: To approve 176 119 757 74.49967 97.09216 2.90784 0.31368 the issue of shares for cash Ordinary resolution 4.1 : Re- 176 119 757 74.49967 100.0 0 0.31368 appointment of Mr Pieter Strydom as a member of the audit committee Ordinary resolution 4.2 : Re- 176 119 757 74.49967 99.50298 0.49702 0.31368 appointment of Mr Derek Cohen as a member of the audit committee Ordinary resolution 4.3 :R e- 176 119 757 74.49967 100.0 0 0.31368 appointment of Mr Gerard Kemp as a member of the audit committee Ordinary resolution 4.4: Re- 176 119 757 74.49967 83.46790 16.53210 0.31368 appointment of Mr Myron Pollack as a member of the audit committee Ordinary resolution 5: To approve 176 090 799 74.48742 100.0 0 0.32593 the re-appointment of auditors Ordinary resolution 6: To approve 176 119 757 74.49967 84.74623 15.25377 0.31368 the remuneration philosophy by way of a non-binding advisory vote Ordinary resolution 7: Specific 176 119 757 74.49967 100.0 0 0.31368 authority to issue shares to afford shareholders distribution reinvestment alternatives Ordinary resolution 8: To provide 176 119 757 74.49967 100.0 0 0.31368 signing authority * Based on 236 403 417 shares in issue as at the date of the AGM. ** As a percentage of shares voted. *** As a percentage of 236 403 417 shares in issue. Based on the above voting results, all resolutions were passed by the requisite majority of Octodec shareholders present in person or represented by proxy at the AGM. Pretoria 9 February 2015 Sponsor Nedbank Capital Date: 09/02/2015 01:53:00 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.