Results of Annual General Meeting Amalgamated Electronic Corporation Limited Incorporated in the Republic of South Africa (Registration number 1997/010036/06) Share code: AER ISIN: ZAE000070587 (“Amecor” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Amecor held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 37 733 329, representing 48.39% of the total issued share capital of the same class of Amecor shares. No shares abstained from voting on the resolutions proposed at the annual general meeting. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for the against the Resolution resolution resolution To receive, consider and adopt the annual financial statements of the company and Group for the financial year ended 31 March 2015 100 - To confirm the appointment of Mr Dean Colley who was appointed as director by the Board on 1 October 2014 100 - To confirm the appointment of Mr Jarred Winer as non-executive director 100 - To confirm the appointment of Mr Danna Strydom as independent non- executive director 100 - To confirm the appointment of Mr Clive Angel as alternate director 100 - To approve the re-election of Mr Christopher Boulle as independent non- executive director who retires by rotation 100 - To approve the re-election of Mr John Evans as independent non- executive director who retires by rotation 100 - To approve the re-election of Mr Percy Ying as independent non- executive director who retires by rotation 100 - To approve the appointment of Mr Percy Ying as member and chairperson of the audit committee 100 - To approve the appointment of Mr Christopher Boulle as member of the audit committee 100 - To approve the appointment of Mr John Evans as member of the audit committee 100 - To approve the appointment of Mr Clive Angel as member of the audit committee 100 - To confirm the reappointment of Grant Thornton as auditors of the Company together with Ms Serena Ho for the ensuing financial year 100 - Special resolution number 1: Approval of the non-executive directors’ remuneration 100 - Ordinary resolution number 1: Approval of the remuneration policy 100 - Ordinary resolution number 2: Control of authorised but unissued ordinary shares 100 - Ordinary resolution number 3: Approval to issue ordinary shares, and to sell treasury shares, for cash 100 - Special resolution number 2: General approval to acquire shares 100 - Special resolution number 3: Financial assistance for subscription of securities 78.71 21.29 Special resolution number 4: Loans or other financial assistance to directors 78.70 21.30 Ordinary resolution number 4: Signature of documents 100 - Johannesburg 19 November 2015 Sponsor Merchantec Capital Date: 19/11/2015 01:00:00 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.