Results of Annual General Meeting Insimbi Refractory and Alloy Supplies Limited (Incorporated in the Republic of South Africa) (Registration number: 2002/029821/06) Share code: ISB ISIN: ZAE000116828 (“Insimbi” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Insimbi ordinary shareholders are advised that at the annual general meeting (“AGM”) of shareholders held at Stand 359 Crocker Road, Wadeville, Extension 4, Germiston on Friday, 24 June 2016 at 10h00, all the ordinary and special resolutions as set out in the notice of AGM, were approved by the requisite majority of shareholders present or represented by proxy. The number of ordinary Insimbi shares voted in person or by proxy was 208,104,350 representing 80.04% of the total ordinary issued share capital of the same class of Insimbi ordinary shares. All resolutions proposed at the AGM, together with the percentage of shares abstained (as a percentage of total issued share capital of the Company), shares voted (as a percentage of total issued share capital of the Company) as well as the percentage of votes carried for and against each resolution (as a percentage of shares voted), are as follows: Ordinary resolution number 1 – Approval of Annual Financial Statements FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 2.1 – Appointment of PricewaterhouseCoopers as the auditors FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 2.2 – Appointment of designated auditor FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 3.1– Re-election of Ms C. Shiceka FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 3.2 – Re-election of Mr F. Botha FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 3.3 – Re-election of Mr P.J. Schutte FOR AGAINST ABSTAIN 100% 0% 2.50% Ordinary resolution number 4.1 – Appointment of Ms C. Shiceka as Chairperson of the audit and risk committee FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 4.2 – Appointment of Ms L.Y. Okeyo as member of the audit and risk committee FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 5 – Indemnification of Directors and Officers of the Company FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 6 – Un-issued shares placed under the control of Directors FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 7 – General authority to issue shares, convertible securities or options for cash FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 8 – General authority to sign documentation FOR AGAINST ABSTAIN 100% 0% 0.00060% Ordinary resolution number 9 – Non-binding advisory note endorsement of remuneration policy and philosophy FOR AGAINST ABSTAIN 100% 0% 0.00060% Special resolution number 1 – Non-executive directors fee’s for the year ending 28 February 2017 FOR AGAINST ABSTAIN 100% 0% 0.00060% Special resolution number 2 –General authority to re-purchase company shares FOR AGAINST ABSTAIN 100% 0% 0.00060% Special resolution number 3 – Authorisation for direct or indirect financial assistance FOR AGAINST ABSTAIN 100% 0% 0.00060% Johannesburg 27 June 2016 Sponsor: Bridge Capital Advisors Proprietary Limited Date: 27/06/2016 09:35:00 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.