Results of Annual General Meeting and Special General Meeting Indequity Group Limited Incorporated in the Republic of South Africa Registration number: 1998/015883/06 Share code: IDQ ISIN code: ZAE000016606 (“Indequity” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND SPECIAL GENERAL MEETING Results of annual general meeting Indequity Shareholders (“Shareholders”) are hereby advised that at the annual general meeting of Shareholders held at 10h00 on Wednesday, 20 January 2016 (“the AGM”), all of the ordinary and special resolutions contained in the notice of AGM, forming part of the 2015 Indequity Annual Report, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the AGM. Details of the results of voting at the AGM are as follows: - Total number of issued ordinary shares (“Shares”): 11 405 632 - Total number of issued Shares net of treasury shares: 11 405 632 (“AGM Total Votable Shares”) - Total number of issued Shares which were voted in person or represented by proxy: 5 294 000 Shares, being 46.42% of the total issued Shares and 48.82% of the AGM Total Votable Shares Shares Shares Total Total Total Shares voted for voted Shares Shares Shares abstained (% total against voted voted (% voted (% of total Shares (% total (number) of total (% of Shares in voted) Shares Shares in AGM issue) voted) issue) Total Votable Shares) 1 To adopt the annual 100% 0% 5 567 900 100% 100% 0% financial statements 2 To re-appoint KPMC 100% 0% 5 567 900 100% 100% 0% Inc., with T Bashall as audit partner, as auditors until the next annual general meeting and authorise the directors to determine and pay the auditors remuneration 3 To approve that 100% 0% 5 567 900 100% 100% 0% KPMG Services Proprietary Limited provide JSE sponsor services to Indequity, although KPMG Inc. are the auditors of the group 4 To re-elect AV van 100% 0% 5 567 900 100% 100% 0% Jaarsveldt as non- executive director 5 To elect G 100% 0% 5 567 900 100% 100% 0% Williamson, JF Zwarts and A van Jaarsveldt as members of the Audit and risk committee 6 To elect G 100% 0% 5 567 900 100% 100% 0% Williamson, JF Zwarts, A van Jaarsveldt as members of the social and ethics committee 7 Special resolution 100% 0% 5 567 900 100% 100% 0% No.1: Repurchase of Shares 8 Ordinary 100% 0% 5 567 900 100% 100% 0% Resolutions No.1: To place the unissued shares of the Company under the control of Directors Ordinary 100% 0% 5 567 900 100% 100% 0% Resolutions No.2: To issue shares or sell treasury shares for cash Ordinary 100% 0% 5 567 900 100% 100% 0% Resolutions No.3: Authority to sign documents Ordinary 100% 0% 5 567 900 100% 100% 0% Resolutions No.4: Authorisation of remuneration policy Johannesburg 10 February 2016 Sponsor KPMG Services (Pty) Ltd Date: 10/02/2016 04:35:00 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.