Results of Annual General Meeting Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Conduit Capital 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 174 490 387, representing 68.06% of the total issued share capital of the same class of Conduit Capital shares. The number of shares which abstained from voting was 166 664, representing 0.07% of the total issued share capital of the same class of Conduit Capital shares. The resolutions proposed at the annual general meeting, together with the percentage of votes carried for and against each resolution, are set out in the table 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 period ended 30 June 2015 100 - To approve the re-election as director of Mr Jabulani Mahlangu who retires by rotation 100 - To approve the re-election as director of Mr David Harpur who retires by rotation 100 - To approve the appointment of Mr Jabulani Mahlangu as member and Chairman of the Audit Committee 100 - To approve the appointment of Mr David Harpur as member of the Audit Committee 100 - To approve the appointment of Ms Rosetta Xaba as member of the Audit Committee 100 - To confirm the re-appointment of Grant Thornton as auditors of the Company, together with Ms Serena Ho being the individual registered auditor for the ensuing financial year 100 - Ordinary resolution number 1: Approval of the remuneration policy 100 - Ordinary resolution number 2: General issue of shares for cash 98.79 1.21 Special resolution number 1: General approval to acquire shares 100 - Special resolution number 2: Loans or other financial assistance to - subsidiaries and other related or inter-related companies 100 Ordinary resolution number 3: Signature of documents 100 - Johannesburg 20 November 2015 Sponsor Merchantec Capital Date: 20/11/2015 12:55:00 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.