Results of Annual General Meeting and Change to the Board of Directors ESOR LIMITED (Incorporated in the Republic of South Africa) Registration number: 1994/000732/06) JSE code: ESR ISIN: ZAE000184669 ('the company') RESULTS OF ANNUAL GENERAL MEETING AND CHANGE TO THE BOARD OF DIRECTORS Results of Annual General Meeting Shareholders are advised that, at the annual general meeting of the company held today, all the resolutions as set out in the notice of Annual General Meeting were passed. The percentage votes for the resolutions were as follows: Resolution Number of Shares voted For Against Abstained ordinary as a % % % shares voted percentage of ordinary shares in issue % Special resolution 198 462 653 50.22 93.44 6.56 0.00 number 1: General authority to the company to purchase its own shares Special resolution 198 462 653 50.22 100.00 0.00 0.00 number 2: Approval of non- executive directors’ fees Special resolution 198 462 653 50.22 100.00 0.00 0.00 number 3: Authority to provide financial assistance to related and inter- related companies Ordinary resolution 198 462 653 50.22 100.00 0.00 0.00 number 1.1: Re-appointment of Ms H Sonn as independent non- executive director Ordinary resolution 198 462 653 50.22 100.00 0.00 0.00 number 2: Re-appointment of KPMG Incorporated as external auditor Ordinary resolution 198 462 653 50.22 100.00 0.00 0.00 number 3.1: Appointment of Ms H Sonn as member and chairman of the Audit and Risk committee Ordinary resolution 198 462 653 50.22 93.44 6.56 0.00 number 3.2: Appointment of Dr O Franks to the Audit and Risk committee Ordinary resolution 198 462 653 50.22 100.00 0.00 0.00 number 3.3: Appointment of Mr B Krone to the Audit and Risk Committee Ordinary resolution 198 462 653 50.22 85.89 14.11 0.00 number 4: Authority to issue unissued shares Ordinary resolution 198 462 653 50.22 99.95 0.05 0.00 number 5: Authority to issue unissued shares for cash Ordinary resolution 198 462 653 50.22 93.44 6.56 0.00 number 6: Advisory endorsement of the remuneration policy Ordinary resolution 198 462 653 50.22 100.00 0.00 0.00 number 7: Authority to implement the special and ordinary resolutions passed Change to the board of directors The board of Esor Limited (“the Board”) hereby notifies shareholders that Mrs Keneilwe Moloko has resigned as an independent non-executive director of the company with effect from 24 June 2016. The Board takes this opportunity to express their appreciation to Keneilwe for her valuable contributions and guidance over the period that she was on the Board. The Board extends its best wishes for her future endeavours. Germiston 24 June 2016 Sponsor Vunani Corporate Finance Date: 24/06/2016 03:30:00 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.