Results of Annual General Meeting ISA HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/009608/06) Share code: ISA ISIN: ZAE000067344 (“ISA” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of ISA held today, all the resolutions as set out in the notice of annual general meeting, save for “ordinary resolution number 3: re-election of retiring director - Andrew Maren”, which was withdrawn prior to the annual general meeting, were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 104 494 442, representing 61.25% of the total issued share capital of the same class of ISA shares. The number of shares which abstained from voting was 200 000, representing 0.12% of the total issued share capital of the same class of ISA shares. The resolutions proposed at the annual general meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes carried for % of votes against the Resolution the resolution resolution Ordinary resolution number 1: 100 - Adoption of the annual financial statements Ordinary resolution number 2: To confirm the appointment of Njabulo Mthembu as a non- 100 - executive director Ordinary resolution number 4: To approve the re-election of Alan Naidoo, who retires by 100 - rotation, as a non-executive director Ordinary resolution number 5: To approve the appointment of Desmond Seaton as a 100 - member and Chairman of the Audit Committee Ordinary resolution number 6: To approve the appointment of Denzil Perreira as a member 100 - of the Audit Committee Ordinary resolution number 7: To approve the appointment of Njabulo Mthembu as a 100 - member of the Audit Committee Ordinary resolution number 8: To confirm the re-appointment of Mazars as auditors of the 100 - Company for the ensuing financial year Ordinary resolution number 9: 100 - Control of authorised but unissued ordinary shares Ordinary resolution number 10: Approval to issue ordinary shares, and to sell treasury shares, 100 - for cash Ordinary resolution number 11: 100 - Signature of documents Special resolution number 1: Approval of the non-executive directors’ remuneration for the 100 - ensuing financial year Special resolution number 2: 100 - General approval to acquire shares Special resolution number 3: 100 - Financial assistance for subscription of securities Special resolution number 4: Loans or other financial assistance to directors and inter- 100 - related companies Johannesburg 24 June 2015 Designated Adviser Merchantec Capital Date: 24/06/2015 03:00:00 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.