ARROWHEAD PROPERTIES LIMITED - Results of general meeting

Results of general meeting

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000158101
JSE share code: AWB ISIN: ZAE000158119
(Approved as a REIT by the JSE)
(“Arrowhead” or “the company”)


RESULTS OF GENERAL MEETING


Linked unitholders are referred to the announcement released on SENS on 13 May 2015 wherein they were advised that Arrowhead
has posted a circular to linked unitholders relating to:

-   the issue of 15 500 000 Arrowhead A linked units and 15 500 000 Arrowhead B linked units to the Arrowhead Charitable Trust
    in terms of a specific issue of shares for cash;
-   the granting by Arrowhead of a loan to the Arrowhead Charitable Trust to fund the subscription of such Arrowhead linked units;
    and
-   the adoption of the Arrowhead Unit Purchase and Option Scheme,

(collectively, the “transactions”), and containing a notice convening a general meeting of Arrowhead shareholders.

Linked unitholders are advised that at the general meeting of shareholders held on Thursday, 11 June 2015, all resolutions required to
be passed by Arrowhead shareholders in order to approve the transactions were passed by the requisite majority of shareholders.

Details of the results of voting at the general meeting are as follows:

-   total number of shares that could have been voted at the general meeting: 843 214 816
-   total number of shares that were present/represented at the general meeting: 424 940 410, being 50.4% of the total number of
    shares that could have been voted at the general meeting


Special resolution 1: Financial assistance to subscribe for linked units

Shares voted*          For                                         Against                           Abstentions^
422 689 177            421 212 735, being 99.65%                   1 476 442, being 0.35%            2 251 233, being 0.27%


Ordinary resolution 1: Specific authority to issue linked units for cash

Shares voted*          For                                         Against                           Abstentions^
422 044 786            421 748 460, being 99.93%                   296 326, being 0.07%              2 895 624, being 0.34%


Ordinary resolution 2: Adoption of the Arrowhead Unit Purchase and Option Scheme

Shares voted*          For                                         Against                           Abstentions^
422 689 177            377 383 236, being 89.28%                   45 305 941, being 10.72%          2 251 233, being 0.27%


Ordinary resolution 3: Signature of documentation

Shares voted*          For                                         Against                           Abstentions^
423 777 471            423 772 471, being 99.998%                  5 000, being 0.001%               1 162 939, being 0.14%

* shares excluding abstentions
^ in relation to total shares in issue.

11 June 2015



Corporate advisor, sponsor and trustee for debenture holders

Java Capital

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