Results of AGM BEIGE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1997/006871/06) (“Beige” or “the Group”) ISIN Code: ZAE 000034161 Share code: BEG RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Shareholders are advised that at the annual general meeting of shareholders held on Thursday, 28 January 2016, all the resolutions tabled at the meeting were passed by the requisite majority of Beige shareholders. Details of the results of voting at the annual general meeting are as follows: - Total number of Beige shares in issue at the date of the annual general meeting: 4 544 197 408 - Total number of Beige shares that could have been voted at the annual general meeting: 4 544 197 408 - Total number of Beige shares that were present/represented at the annual general meeting: 4 157 154 143, being 91.48% of the total number of Beige shares that could have been voted at the annual general meeting Resolution proposed For Against: Abstain Total Votes % % (% of issued (excluding share capital) abstentions) Ordinary resolution number 1 – Presentation and acceptance 4 156 470 687 580,704 102 752 Annual financial statements 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 2 – Director retirement and re-election – 4 156 470 687 580 704 102 752 Mr A Heeralal 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 3– Director retirement and re-election – 4 156 470 687 580 704 102 752 Mr AMI Abdoola 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 4 – Appointment of Mr Van Wyk as a 4 156 470 687 580 704 102 752 non-executive director 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 5 – Appointment of Mr MA Sultan as an 4 156 470 687 580 704 102 752 independent non-executive director 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 6 – Re-appointment and remuneration 4 156 470 687 580 704 102 752 of auditors 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 7 – Appointment of Audit Committee 4 156 470 687 580 704 102 752 member – AGS Osman 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 8 – 4 156 470 687 580 704 102 752 Appointment of Audit Committee 99.99% 0.01% 0.00% 4 157 054 391 member – AH Trikamjee Ordinary resolution number 9 – Appointment of Audit Committee 4 156 470 687 580 704 102 752 member – Mr MA Sultan 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 10 – 4 156 470 687 580 704 102 752 Approval of Remuneration Policy 99.99% 0.01% 0.00% 4 157 054 391 Ordinary resolution number 11 – Non-binding advisory note on the 4 156 470 687 580 704 102 752 remuneration policy 99.99% 0.01% 0.00% 4 157 054 391 Special resolution number 1 – Non – Executive Directors’ 4 156 470 687 580 704 102.752 remuneration 99.99% 0.01% 0.00% 4 157 054 391 Special resolution number 2 – General authority to enter into funding agreement, provide loans or 4 156 470 687 580 704 102.752 other financial assistance 99.99% 0.01% 0.00% 4 157 054 391 Johannesburg 29 January 2016 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 29/01/2016 05:33:00 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.