Results of Annual General Meeting Insimbi Refractory and Alloy Supplies Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Insimbi ordinary shareholders are advised that at the annual general meeting (“AGM”) of shareholders held on Thursday 25, June 2015, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy. Please note ordinary resolution 3.3 was removed from the AGM agenda due to the retirement of Mr D O’Connor (as announced on SENS on 19 June 2015), who was as a result not available for re-election to the board. The number of ordinary Insimbi shares voted in person or by proxy was 206,657,450 representing 74,48% of the total ordinary issued share capital of the same class of Insimbi ordinary shares. All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of total issued share capital of the Company), Shares voted (as a percentage of total issued share capital of the Company) as well as the percentage of votes carried for and against each resolution (as a percentage of shares voted), are as follows: Ordinary resolution number 1 – Approval of Annual Financial Statements FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 2.1 – Appointment of the auditors FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 2.2 – Appointment of designated auditor FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 3.1– Re-election of CF Botha FOR AGAINST ABSTAIN SHARES VOTED 100% - 17.42% 74.48% Ordinary resolution number 3.2 – Re-election of EP Liechti FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 4.1 – Reappointment of LY Okeyo as an audit and risk committee member FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 4.2 – Reappointment of G Mahlati as an audit and risk committee member FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 5 – Indemnification of Directors and Officers of the Company FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 6 – Un-issued shares placed under the control of Directors FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 7 – General authority to issue shares, convertible securities or options for cash FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 8 – General authority to sign documentation FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Ordinary resolution number 9 – A non-binding advisory note on the Company’s remuneration philosophy and policy FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Special resolution number 1 – Directors fee’s for the year ending 28 February 2016 FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Special resolution number 2 –General authority to re-purchase company shares FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Special resolution number 3 – Authorisation for direct or indirect Financial assistance FOR AGAINST ABSTAIN SHARES VOTED 100% - - 74.48% Johannesburg 26 June 2015 Sponsor: Bridge Capital Advisors (Pty) Limited Date: 26/06/2015 11:15:00 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.