Results of annual general meeting OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) Share code: OCT ISIN: ZAE000192258 ("Octodec" or “the company”) REIT status approved Results of annual general meeting Shareholders are advised that the voting results for the annual general meeting of Octodec (“the AGM”) held at the registered offices of the company on Friday, 29 January 2016, were as follows: Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in issue* % % % % Special resolution 1: To approve financial assistance to related and 167 138 896 66.24038% 100% 0% 0.36433% inter-related companies Special resolution 2: To authorise the company and/or its subsidiaries 167 138 896 66.24038% 96.92528% 3.07472% 0.36433% to acquire its shares Special resolution 3: Approval of directors’ remuneration for the 167 138 896 66.24038% 90.28215% 9.71785% 0.36433% period 1 September 2015 to 31 August 2016 Special resolution 4: Approval of directors’ remuneration for the 167 138 896 66.24038% 99.98987% 0.01013% 0.36433% period 1 September 2016 to 31 August 2017 Special resolution 5: Authority to issue shares to directors who elect 167 138 896 66.24038% 100% 0% 0.36433% distribution reinvestment alternatives Ordinary resolution 1.1: To re-elect the directors required to retire in 167 138 896 66.24038% 100% 0% 0.36433% terms of the memorandum of incorporation - Gerard Kemp Ordinary resolution 1.2: To re-elect the directors required to retire in 167 138 896 66.24038% 90.34473% 9.65527% 0.36433% terms of the memorandum of incorporation - Myron Pollack Ordinary resolution 2: To place the unissued shares under the 167 138 896 66.24038% 86.90728% 13.09272% 0.36433% directors’ control Ordinary resolution 3: To approve 167 138 896 66.24038% 96.56137% 3.43863% 0.36433% the issue of shares for cash Ordinary resolution 4.1: To approve the re-appointment of members of 167 138 896 66.24038% 99.96901% 0.03099% 0.36433% the audit committee – Pieter Strydom (Chairman) Ordinary resolution 4.2: To approve the re-appointment of members of 167 138 896 66.24038% 100% 0% 0.36433% the audit committee – Derek Cohen Ordinary resolution 4.3: To approve the re-appointment of members of 167 138 896 66.24038% 100% 0% 0.36433% the audit committee – Gerard Kemp Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in issue* % % % % Ordinary resolution 4.4: To approve the re-appointment of members of 167 138 896 66.24038% 74.23154% 25.76846% 0.36433% the audit committee – Myron Pollack Ordinary resolution 5: To approve 167 138 896 66.24038% 99.96901% 0.03099% 0.36433% the re-appointment of auditors Ordinary resolution 6: To approve the remuneration philosophy by 167 138 896 66.24038% 80.08796% 19.91204% 0.36433% way of a non-binding advisory vote Ordinary resolution 7: Specific authority to issue shares to afford 167 138 896 66.24038% 100% 0% 0.36433% shareholders distribution reinvestment alternatives Ordinary resolution 8: To provide 167 138 896 66.24038% 100% 0% 0.36433% signing authority * Based on 252 321 784 shares in issue as at the date of the AGM. ** As a percentage of shares voted at the AGM. *** As a percentage of 252 321 784 shares in issue as at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Octodec shareholders present in person or represented by proxy at the AGM. Pretoria 1 February 2016 Sponsor Nedbank Corporate and Investment Banking Date: 01/02/2016 10:48:00 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.