Results of annual general meeting SA Corporate Real Estate Limited Incorporated in the Republic of South Africa Share Code: SAC ISIN Code: ZAE000203238 (Registration number 2015/015578/06) ("SA Corporate" or "the Company") REIT status approved RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that the voting results for the annual general meeting (“AGM”) of SA Corporate held at the registered offices of the Company on Friday, 20 May 2016 were as follows: Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in % % % issue* % Ordinary resolution number 1 : To receive, consider and adopt the Annual Financial Statements for the year ended 31 December 2015 1 810 266 746 79.14415 100 0 0.51519 Ordinary resolution number 2: To re-elect the following directors: Mr RJ Biesman-Simons 1 810 266 746 79.14415 100 0 0.51519 Ms EM Hendricks 1 810 266 746 79.14415 99.80218 0.19782 0.51519 Mr KJ Forbes 1 810 266 746 79.14415 65.95432 34.04568 0.51519 Ordinary resolution number 3: To re-elect the following audit committee members: Mr RJ Biesman-Simons 1 810 266 746 79.14415 100 0 0.51519 Mr ES Seedat 1 810 266 746 79.14415 65.95432 34.04568 0.51519 Ms GP Dingaan 1 810 266 746 79.14415 100 0 0.51519 Ordinary resolution number 4: Reappointment of Deloitte & Touche as auditors 1 810 266 746 79.14415 100 0 0.51519 Ordinary resolution number 5: Approval on an advisory, non-binding basis, the remuneration policy 1 809 597 286 79.11487 90.98335 9.01665 0.54446 Ordinary resolution number 6: Placing 10% of the unissued shares under the control of the directors 1 810 266 746 79.14415 83.97206 16.02794 0.51519 Ordinary resolution number 7: Specific authority to issue shares pursuant to a distribution reinvestment option 1 810 266 746 79.14415 99.87837 0.12163 0.51519 Ordinary resolution number 8: General, but restricted authority to issue shares for cash 1 810 266 746 79.14415 89.41146 10.58854 0.51519 Special resolution number 1: Fees payable to non- executive directors: Board - Chair 1 809 597 286 79.11487 100 0 0.54446 Board – Member 1 809 597 286 79.11487 100 0 0.54446 Audit Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Audit Committee – Member 1 809 597 286 79.11487 100 0 0.54446 Risk & Compliance Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Risk & Compliance Committee - Member 1 809 597 286 79.11487 100 0 0.54446 Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in % % % issue* % Nomination Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Nomination Committee – Member 1 809 597 286 79.11487 100 0 0.54446 Remuneration Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Remuneration Committee – Member 1 809 597 286 79.11487 100 0 0.54446 Investment Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Investment Committee – Member 1 809 597 286 79.11487 100 0 0.54446 Social, Ethics & Environmental Committee – Chair 1 809 597 286 79.11487 100 0 0.54446 Social, Ethics & Environmental Committee – Member 1 809 597 286 79.11487 100 0 0.54446 Special resolution number 2: Financial assistance in terms of sections 44 and 45 of the Companies Act 1 810 266 746 79.14415 92.90915 7.09085 0.51519 Special resolution number 3: Financial assistance to related and inter-related parties 1 810 266 746 79.14415 100 0 0.51519 Special resolution number 4: Specific authority to issue shares to directors pursuant to a distribution reinvestment option 1 810 266 746 79.14415 100 0 0.51519 Special resolution number 5: General authority to repurchase shares 1 803 837 254 78.86305 97.77351 2.22641 0.79629 * Based on 2 287 303 523 shares in issue at the date of the AGM. ** In relation to the total number of shares voted at the AGM. *** In relation to the total number of shares in issue at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of SA Corporate shareholders present in person or represented by proxy at the AGM. Johannesburg 20 May 2016 Sponsor Nedbank Corporate and Investment Banking Date: 20/05/2016 03:32:00 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.