Results of annual general meeting VUNANI LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/020641/06) JSE code: VUN ISIN: ZAE000163382 (“Vunani” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that at the annual general meeting of shareholders of the company held today Tuesday, 21 July, all the proposed ordinary and special resolutions, as set out in the notice of annual general meeting contained in the integrated report which was posted to shareholders on 22 June 2015, were passed by the requisite majority of shareholders present and voting, in person or by proxy. Details of the results of voting at the general meeting are as follows: - Total number of issued ordinary shares: 114 664 648 - Total number of issued ordinary shares net of treasury shares (“Total Votable Ordinary Shares”): 109 300 235 - Total number of issued ordinary shares which were present/represented at the general meeting: 83 733 692 being 76.6% of the Total Votable Ordinary Shares. Ordinary Resolutions Ordinary resolution 1: Re-election of XP Guma as a non-executive director For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.6% Ordinary resolution 2: Re-election of B Khoza as an executive director For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 3: Re-election of GS Nzalo as a member of the audit and risk committee For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 4: Re-election of JR Macey as a member of the audit and risk committee For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 5: Re-election of NS Mazwi as a member of the audit and risk committee For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 6: Re-appointment of KPMG as the auditor of the company For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 7: General authority to directors to allot and issue authorised but unissued ordinary shares For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 8: General authority to directors to allot and issue ordinary shares for cash For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 9: Approval of remuneration policy (non-binding advisory vote) For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Special resolution 1: Approval of remuneration payable to non- executive directors For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Special resolution 2: Repurchase of company shares For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Special resolution 3: Financial assistance For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Ordinary resolution 10: Directors’ authority to sign documentation For (1) Against (1) Abstentions (2) Shares voted (3) 83 733 692 being - - 83 733 692 being 100% 76.7% Notes: (1) The votes carried for and against each individual resolution are disclosed as a percentage in relation to the total number of ordinary shares voted (whether in person or by proxy) in respect of such individual resolution at the general meeting. (2)The total number of ordinary shares abstained in respect of each individual resolution (whether in person or by proxy) is disclosed as a percentage in relation to the Total Votable Ordinary Shares. (3) The total number of ordinary shares voted (whether in person or by proxy) at the annual general meeting in respect of each individual resolution is disclosed as a percentage in relation to the Total Votable Ordinary Shares. Sandton 21 July 2015 Designated Adviser Grindrod Bank Limited Date: 21/07/2015 02:25:00 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.