Results of annual general meeting AH-VEST LIMITED Incorporated in the Republic of South Africa) Registration number 1989/000100/06) Share code: AHL ISIN code: ZAE000129177 (“AH-Vest” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) Shareholders are advised that all the resolutions contained in the notice convening the AGM were unanimously approved by the shareholders present in person or represented by proxy at the AGM of the company held on 23 February 2016. Details of the resolutions and the voting are set out below: - Total number of AHL shares in issue at the date of the annual general meeting: 101 973 333. - Total number of AHL shares that could have been voted at the annual general meeting: 101 973 333. - Total number of AHL shares that were present/represented at the annual general meeting: 73 660 968, being 72.24% of the total number of AHL shares that could have been voted at the annual general meeting. Resolution proposed For Against: Abstain Shares % % % voted Ordinary resolution number 1 – 73 660 968 - - 73 660 968 Acceptance of annual financial statements 100% 0% 0% 100% Ordinary resolution number 2 – 73 660 968 - - 73 660 968 Director retirement and re-election – Mr JJ 100% 0% 0% 100% Du-Plooy Ordinary resolution number 3 – 73 660 968 - - 73 660 968 Auditor’s appointment of external auditor 100% 0% 0% 100% Ordinary resolution number 4 – 73 660 968 - - 73 660 968 Election of audit committee member – Mr H 100% 0% 0% 100% Takolia Ordinary resolution number 5 – 73 660 968 - - 73 660 968 Election of audit committee chairman – 100% 0% 0% 100% Mr MS Appelgryn Ordinary resolution number 6 – 73 660 968 - - 73 660 968 Election of audit committee member – Mr JJ 100% 0% 0% 100% Du Plooy Ordinary resolution number 7 – 73 660 968 - - 73 660 968 General authority to allot and issue shares 100% 0% 0% 100% for cash Ordinary resolution number 8 – 73 660 968 - - 73 660 968 Non – binding advisory vote on the 100% 0% 0% 100% remuneration policy Special resolution number 1 – 73 660 968 - - 73 660 968 Non – executive directors’ remuneration 100% 0% 0% 100% Special resolution number 2 – 73 660 968 - - 73 660 968 Non – executive directors’ remuneration - 100% 0% 0% 100% amendment Special resolution number 3 – 73 660 968 - - 73 660 968 General authority to enter into funding 100% 0% 0% 100% agreements, provide loans or other financial assistance By order of the board. Johannesburg 24 February 2016 Designated Advisor Arbor Capital Sponsors Proprietary Limited Date: 24/02/2016 03:49:00 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.