MAS REAL ESTATE INC - Results if Annual Shareholders Meeting

Results if Annual Shareholders Meeting

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
Registered as an external company in the Republic of South Africa
Registration number 2010/000338/10
SEDOL (XLUX): B96VLJ5
SEDOL (ALTX): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
(“MAS” or the “Company”)


RESULTS OF ANNUAL SHAREHOLDERS’ MEETING


The Company announces that the annual shareholders’ meeting was held on Thursday, 28 January 2016
(in terms of the notice of annual shareholders’ meeting dispatched to shareholders on 14 September 2015).

All of the resolutions tabled thereat were passed by the requisite majority of MAS shareholders.

Details of the results of voting at the annual shareholders’ meeting are as follows:

-     total number of MAS shares that could have been voted at the annual general meeting: 294,455,630;
      and
-     total number of MAS shares that were present/represented at the annual general meeting:
      234,515,980 being 79.6% of the total number of MAS shares that could have been voted at the
      annual general meeting.

Resolution 1: Adoption of the annual financial statements for the year ended 30 June 2015 and the
directors’ report and the auditors’ report

Shares voted*         For                             Against                       Abstentions^
234,492,840           234,492,840, being 100%         -                             23,140, being 0.01%

Resolution 2: Re-election of Jaco Jansen as a director

Shares voted*         For                             Against                       Abstentions^
234,492,840           234,492,840, being 100%         -                             23,140, being 0.01%

Resolution 3: Re-election of Lukas Nakos as a director

Shares voted*         For                             Against                       Abstentions^
234,492,840           231,222,388, being 98.60%       3,270,452, being 1.40%        23,140, being 0.01%

Resolution 4: Re-appointment of KPMG Audit LLC as auditors of the Company

Shares voted*         For                             Against                       Abstentions^
234,492,840           234,492,840, being 100%         -                             23,140, being 0.01%

Resolution 5: Authority to issue shares pursuant to Article 3.10.2.4 of the Articles of Association

Shares voted*         For                             Against                       Abstentions^
234,492,840           192,473,927 being 82.08%        42,018,913, being 17.92%      23,140, being 0.01%

Resolution 6: General authority to issue shares for cash pursuant to Article 3.10.2.3 of the Articles of
Association

Shares voted*         For                             Against                       Abstentions^
234,492,840           192,577,731, being 82.13%       41,915,109, being 17.87%      23,140, being 0.01%

* shares excluding abstentions
^ in relation to total shares in issue

MAS is listed on the Euro MTF Market of the Luxembourg Stock Exchange and on the main board of the
Johannesburg Stock Exchange.


29 January 2016

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                     +44 1624 625000
Java Capital, South African corporate advisor and JSE Sponsor             +27 11 7223050
Charl Brand, M Partners, Luxembourg                                       +352 263 868 602

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