Results of General Meeting African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 (“ARM”) RESULTS OF GENERAL MEETING Shareholders of ARM (“Shareholders”) are referred to the announcements released on the Stock Exchange News Service of the JSE Limited on Monday, 15 February 2016 and Friday, 11 March 2016 regarding the proposed specific repurchase by a wholly-owned subsidiary of ARM (“Subco”) of approximately 12.7 million ARM ordinary shares ("ARM Shares") held by the ARM Broad-Based Economic Empowerment Trust (the "Trust") and the provision of a subordinated unsecured loan by ARM to the Trust (“the Proposed Restructuring”). At the general meeting of Shareholders held today, Wednesday, 13 April 2016, in terms of the notice of general meeting distributed to Shareholders on Friday, 11 March 2016, all the special and ordinary resolutions proposed in relation to the Proposed Restructuring were passed by the requisite majority of votes. The total number of shares voted in person or by proxy at the general meeting was 177 151 506 ARM Shares, representing 81.27% of ARM’s issued share capital and 93.55% of the votable ARM Shares as at Friday, 8 April 2016, being the Voting Record Date. The voting results were as follows: Total ARM Shares Voted ARM Shares Resolution For Against Number Percent Abstained (%) (%) (%)* (%)* Special resolution number 1: Specific authority for the 99.98 0.02 176 169 861 80.82 0.45 repurchase by Subco of 12 717 328 ARM Shares from the Trust Special resolution number 2: Approval of the Trust loan 99.45 0.55 177 110 071 81.25 0.02 refinancing Ordinary resolution: Directors’ authority to take all such actions 99.45 0.55 177 110 071 81.25 0.02 necessary to implement the Proposed Restructuring Note: * Expressed as a percentage of 217 985 109 ARM Shares in issue as at the Voting Record Date. 13 April 2016 Johannesburg UBS South Africa Proprietary Limited Financial adviser and transaction sponsor Deutsche Securities (SA) Proprietary Limited JSE sponsor Jongisa Magagula Corporate Development and Head of Investor Relations Office: +27 11 779 1507 Email: jongisa.magagula@arm.co.za Date: 13/04/2016 05:23:00 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.