Results of annual general meeting SYGNIA LIMITED Incorporated in the Republic of South Africa Registration number: 2007/025416/06 Share Code: SYG ISIN: ZAE000208815 (“Sygnia” or “the company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting of Sygnia Limited (“the AGM”) held at the registered offices of the company on Tuesday, 23 February 2016, were as follows: Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in issue* % % % % Ordinary resolution 1: To receive and adopt the 30 September 2015 110 369 280 80 100 Nil Nil Annual Financial Statements Ordinary resolution 2: To appoint 110 369 280 80 99.99999 0.00001 Nil the auditor of the Company Ordinary resolution 3.1: To re-elect the audit committee members - Mr 110 369 270 80 100 Nil 0.00001 K Hopkins Ordinary resolution 3.2: To re-elect the audit committee members - 110 369 270 80 100 Nil 0.00001 Prof S Zinn Ordinary resolution 3.3: To re-elect the audit committee members - Mr 110 369 270 80 100 Nil 0.00001 K Moyane Ordinary resolution 4: Control of 110 369 270 80 94.23936 5.76064 0.00001 authorised but unissued shares Ordinary resolution 5: To authorise directors and the company 110 369 270 80 99.99876 0.00124 0.00001 secretary to implement special and ordinary resolutions Special resolution 1: To authorise 110 369 280 80 97.34352 2.65648 Nil the repurchase of shares * Based on 137 178 000 shares in issue as at the date of the AGM. ** As a percentage of shares voted at the AGM. *** As a percentage of 137 178 000 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 Sygnia’s shareholders present in person or represented by proxy at the AGM. Cape Town 23 February 2016 Sponsor Nedbank Corporate and Investment Banking Date: 23/02/2016 03:40:00 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.