Results of Annual General Meeting Held on 7 August 2015 Novus Holdings Limited (Formerly known as Paarl Media Group Proprietary Limited) (Incorporated in the Republic South Africa) JSE share code: NVS ISIN: ZAE000202149 (“Novus Holdings”, “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING HELD ON 7 AUGUST 2015 Shareholders are advised that the Annual General Meeting (AGM) of Novus Holdings was held on 7 August 2015 and that all the resolutions set out in the notice were passed by the requisite majority of shareholders. Total issued number of ordinary shares: 347 332 454 Number of ordinary shares that could have been voted at the meeting 319 545 857 Total number of ordinary shares represented at the AGM: 293 708 785 Percentage of ordinary shares represented at the meeting 85% Details of the results of voting at the AGM are as follows: Resolution Proposed Votes in Favour Votes Against Abstentions Ordinary resolution number 1: 293 708 785 - - Approval of financial statements 100% for the year ended 31 March 2015 Ordinary resolution number 2: 293 708 785 - - Re-appointment of auditor – 100% PriceWaterhouseCoopers (PWC) Ordinary resolution number 3: 261 936 646 31 772 139 - Election and appointment of 89.18% 10.82% directors in a single vote Ordinary resolution number 4: 268 300 444 25 408 341 - Confirmation of appointment of 91.35% 8.65% executive directors STM van der Walt and E van Niekerk Ordinary resolution number 5: 267 071 015 26 637 770 - Appointment / Re-appointment 90.93% 9.07% of directors – LP Retief, U Meyer and E Weideman Ordinary resolution number 6: 277 837 169 15 871 616 - Appointment / Re-appointment 94.60% 5.40% of audit and risk committee – BJ Olivier, U Meyer and GP Dingaan Ordinary resolution number 7: 292 643 594 1 065 191 - Endorsement of the Novus 99.64% 0.36% Holdings remuneration policy Ordinary resolution number 8: 251 575 746 42 133 039 - General authority to directors to 85.65% 14.35% allot and issue authorised but unissued ordinary shares Ordinary resolution number 9: 251 575 746 42 133 039 - General authority to issue 85.65% 14.35% ordinary shares for cash Ordinary resolution number 10: 293 708 785 - - Signing powers 100% Special resolution number 1: 288 040 497 5 668 288 - Financial assistance for related 98.07% 1.93% and inter-related companies and corporations By order of the board Cape Town 7 August 2015 Sponsor: Investec Bank Limited Date: 07/08/2015 12:20:00 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.