Results Of The Annual General Meeting GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held yesterday, 2 December 2015 at the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape (“AGM”), all of the resolutions were passed by the requisite majority of GPI shareholders, save for the withdrawal of ordinary resolution number 9 prior to the AGM. The detailed voting results of the AGM are set out below: Votes for Votes Votes Number of Number of Shares resolution against abstained shares shares voted abstained as a (%) * resolution (%) * voted at at the AGM as percentage (%) (%) * the AGM a percentage of shares in (%) of shares issue in issue Ordinary resolution 97.86% 2.14% 0.08% 313 440 276 64.12% 0.04% number 1 Election of Dr NV Maharaj as director Ordinary resolution 99.99% 0.01% 0.05% 313 440 276 64.12% 0.01% number 2 Election of Prof. WD Geach as director Ordinary resolution 99.99% 0.01% 0.06% 313 440 276 64.12% 0.06% number 3 Election of Mr R Hargey as director Ordinary resolution 99.99% 0.01% 0.05% 313 440 276 64.12% 0.01% number 4 Reappointment of Dr NV Maharaj as a member of the Audit and Risk Committee Ordinary resolution 99.99% 0.01% 0.70% 313 440 276 64.12% 0.69% number 5 Reappointment of Mr CM Priem as a member of the Audit and Risk Committee Ordinary resolution 99.99% 0.01% 0.03% 313 440 276 64.08% 0.02% number 6 Reappointment of Prof WD Geach as a member of the Audit and Risk Committee Ordinary resolution 99.97% 0.03% 0.02% 313 440 276 64.12% 0.01% number 7 Reappointment of Ernst & Young Inc. as external auditor for the period ending 30 June 2016 Ordinary Resolution 100.00% - 0.12% 313 440 276 64.12% 0.10% number 8 General authority to directors and/or the Company Secretary to implement the ordinary and special resolutions Ordinary Resolution RESOLUTION NUMBER 9 WAS WITHDRAWN BY THE COMPANY PRIOR TO THE AGM number 9 Adoption of deed of amendment to the Grand Parade Share Incentive Trust Special resolution 99.83% 0.17% 0.06% 313 440 276 64.12% 0.06% number 1 Approval of non- executive directors’ remuneration Special Resolution 78.56% 21.44% 0.03% 313 440 276 64.12% 0.01% number 2 General authority to provide inter- company financial assistance Special Resolution 81.71% 18.29% 0.03% 313 440 276 64.12% 0.01% number 3 General authority to provide financial assistance for the subscription and /or purchase of shares in the Company and a related or inter- related company Special Resolution 99.55% 0.45% 0.17% 313 440 276 64.12% 0.07% number 4 General authority to repurchase Note * - In relation to the total number of shares voted at the AGM 3 December 2014 Cape Town Sponsor PSG Capital Date: 03/12/2015 03:45:00 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.