Results of the General Meeting of Capespan Shareholders Zeder Investments Limited (Incorporated in the Republic of South Africa) Registration Number: 2006/019240/06 Share Code: ZED ISIN Code: ZAE000088431 (“Zeder”) Capespan Group Limited (Incorporated in the Republic of South Africa) Registration Number: 2008/016971/06 (“Capespan”) RESULTS OF THE GENERAL MEETING OF CAPESPAN SHAREHOLDERS 1. INTRODUCTION 1.1. Shareholders are referred to the joint announcement published by Zeder and Capespan on SENS and on their respective websites (www.zeder.co.za and www.capespangroup.com) on 25 May 2015, and in the press on 26 May 2015, advising that, inter alia, a circular relating to the scheme of arrangement pursuant to which Zeder has made an offer to acquire all the issued shares in Capespan (excluding treasury shares) not already held by Zeder and members of Capespan’s management (“Scheme”), was posted to the Capespan shareholders on 25 May 2015 (“Scheme Circular”). 1.2. The Scheme Circular incorporated a notice convening a general meeting of Capespan shareholders for purposes of adopting the resolution required to approve the Scheme (“Scheme Resolution”). 2. RESULTS OF THE GENERAL MEETING OF CAPESPAN SHAREHOLDERS Shareholders are hereby advised that at the general meeting of Capespan shareholders held at 11:00 today at Spier Wine Estate, Baden Powell Drive, Stellenbosch, the Scheme Resolution was unanimously passed by the Capespan shareholders present or represented by proxy at the meeting. 24 June 2015 Stellenbosch Transaction advisor and sponsor to Zeder: PSG Capital Proprietary Limited Date: 24/06/2015 02:49:00 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.