Results of Annual General Meeting Bauba Platinum Limited Incorporated in the Republic of South Africa (Registration number 1986/004649/06) Share code: BAU ISIN: ZAE000145686 (“Bauba Platinum” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Bauba Platinum held on Friday, 29 January 2016, 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 315 819 961 representing 83.33% of the total issued share capital of the same class of Bauba Platinum shares. The number of shares which abstained from voting was 200 000, representing 0.05% of the total issued share capital of the same class of Bauba Platinum shares. The resolutions proposed at the meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes carried % of votes against Resolution for the resolution the resolution To receive, consider and adopt the annual financial statements of the Company and Group for the financial year ended 30 June 2015 100.00% - To confirm the appointment of Nico van der Hoven as chairman and non-executive director 100.00% - To confirm the appointment of Martin Luyt as lead independent non-executive director 96.13% 3.87% To confirm the appointment of Carl-Heinz Gernandt as an executive director and financial director 100.00% - To confirm the appointment of Nick van der Hoven as an executive director 96.13% 3.87% To approve the re-election of Sholto Dolamo as independent non-executive director who retires by rotation 100.00% - To approve the re-election of Damien Stephen Smith as non-executive director who retires by rotation 100.00% - To approve the appointment of Martin Luyt as member and chairperson of the audit and risk committee 96.13% 3.87% To approve the appointment of Sholto Dolamo as member of the audit and risk committee 100.00% - To approve the appointment of Damian Smith as member of the audit and risk committee 100.00% - To confirm the reappointment of BDO South Africa Incorporated as auditors of the Company together with Fred Bruce-Brand for the ensuing financial year 100.00% - Special resolution number 1: Approval of non- executive directors’ remuneration 96.13% 3.87% Ordinary resolution number 1: Approval of the remuneration policy 96.13% 3.87% Ordinary resolution number 2: Control of authorised but unissued ordinary shares 100.00% - Ordinary resolution number 3: Approval to issue ordinary shares, and to sell treasury shares, for cash 100.00% - Special resolution number 2: General approval to acquire shares 100.00% - Special resolution number 3: Financial assistance for subscription of securities 100.00% - Special resolution number 4: Loans or other financial assistance to directors 96.13% 3.87% Ordinary resolution number 4: Signature of documents 96.13% 3.87% Johannesburg 1 February 2016 Sponsor Merchantec Capital Date: 01/02/2016 11:22:00 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.