Results of annual general meeting Bell Equipment Limited (Incorporated in the Republic of South Africa) (Registration No. 1968/013656/06) Share code: BEL ISIN: ZAE000028304 (“Bell” or the “Company”) RESULTS OF THE ANNUAL GENERAL MEETING At the 47th Annual General Meeting ("AGM") of shareholders of Bell held on 4 May 2015, the following resolutions, as set out in the notice of annual general meeting which was incorporated in the Integrated Annual Report distributed to shareholders on 31 March 2015, were duly approved by the requisite majority of votes. In this regard, Bell confirms the voting statistics from the AGM as follows: Shares voted in relation to the total issued share capital: Total issued share Percentage shares Number of shares voted capital voted 76 407 598 95 146 885 80.30% Votes carried disclosed Shares as a percentage in abstained relation to the total disclosed as a Resolutions number of shares voted at percentage in the meeting relation to the total issued For Against share capital Ordinary Business 1. Adoption of the annual financial statements for the period ended 31 December 2014 100% 0% 0.02% 2.1. Election of Mrs B Harie as a director 100% 0% 0.02% 2.2. Election of Mr TO Tsukudu as a director 100% 0% 0.02% 3. Approval of the appointment of Mr AJ Bell as non-executive director of the Company 100% 0% 0.02% 4.1. To appoint Mr JR Barton as chairman and a member of the audit committee 100% 0% 0.02% 4.2. To appoint Mr DJJ Vlok as a member of the audit committee 100% 0% 3.44% 4.3. To appoint Mrs B Harie as a member of the audit committee 100% 0% 0.02% 5. Appointment of Deloitte & Touche as the auditors of the Company 100% 0% 0.02% 6. Remuneration policy 91.99% 8.01% 0.02% 7. Placement of the authorised but unissued shares under the control of the directors 98.41% 1.59% 0.02% Special Business 1. The granting of financial assistance in terms of Section 45 of the Companies Act, No 71 of 2008, as amended 100% 0% 0.02% 2. Non-Executive directors’ remuneration for the 2016 financial year 97.19% 2.81% 0.02% 3. Remuneration payable to AJ Bell for fees as a non- executive director for the period 12 March 2015 to 31 December 2015. 100% 0% 0.02% 4. General authority to repurchase shares 97.92% 2.08% 0.02% The special resolutions, where necessary, will be filed with the Companies and Intellectual Property Commission in due course. Johannesburg 6 May 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 06/05/2015 02:30:00 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.