Report on proceedings at the general meeting ALEXANDER FORBES GROUP HOLDINGS LIMITED (Previously Alexander Forbes Equity Holdings Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number 2006/025226/06) Share Code: AFH ISIN: ZAE000191516 (“Alexander Forbes” or “the Company”) REPORT ON PROCEEDINGS AT THE GENERAL MEETING At the general meeting (“GM”) of the shareholders of Alexander Forbes held today, 01 June 2015, all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, Alexander Forbes confirms the voting statistics from the GM as follows: Votes carried disclosed as a Shares voted Shares abstained percentage in relation to the total disclosed as a disclosed as a number of shares voted at the percentage in percentage in Resolutions meeting Number of relation to the total relation to the total shares voted issued share capital* issued share capital* For Against Special Resolution 1 Specific authority to provide financial 99.99974% 0.00026% 972,195,353 74.64896% 0.11380% assistance to the ESOP Trust Special Resolution 2 Specific authority to repurchase the 99.99964% 0.00036% 973,597,299 74.75660% 0.00616% Repurchase Shares Special Resolution 3 Specific authority to repurchase the 99.99964% 0.00036% 972,195,353 74.64896% 0.11380% Remaining Shares Ordinary Resolution 1 Specific Issue of Subscription Shares 99.99974% 0.00026% 972,195,353 74.64896% 0.11380% *The total number of shares in issue is 1,302,356,263 Sandton 01 June 2015 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01/06/2015 05:07:00 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.