Sunwest And Worcester Transaction: Results Of The General Meeting And Conditions Precedent Fulfilled GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration Number 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) SUNWEST AND WORCESTER TRANSACTION: RESULTS OF THE GENERAL MEETING AND CONDITIONS PRECEDENT FULFILLED Shareholders are referred to the detailed announcements published by the Company dated 4 April 2016 and 10 May 2016 relating to the disposal by GPI and Sun International Limited of a 10% interest each in SunWest International Proprietary Limited (“SunWest”) (in the case of GPI a 10% economic interest and 19.96% voting interest) and a 10% interest each in Worcester Casino Proprietary Limited (“Worcester”) to Tsogo Sun Gaming Proprietary Limited (“the Transaction”). Results of General Meeting Shareholders are hereby advised that at the general meeting of the Company held yesterday, 28 June 2016 at the Market Hall, GrandWest Casino, Goodwood, Cape Town, Western Cape (“GM”), the resolutions, all of which pertain to the Transaction, were passed by the requisite majority of GPI shareholders. The detailed voting results of the GM are set out below: Votes for Votes Number of Number of Shares resolution against shares shares voted abstained as (%) * resolution voted at at the GM as a percentage (%) * the GM a percentage (%) of (%) of shares shares in in issue issue Ordinary resolution number 1 100% 0.00% 307,144,709 62.84% 0.00% Approval of the GPI disposal Ordinary resolution number 2 99.96% 0.01% 307,144,709 62.84% 0.01% General authority to directors and/or the Company Secretary to implement resolutions Note * - In relation to the total number of shares voted at the GM Conditions Precedent Fulfilled Shareholders are advised that all the conditions precedent to the Transaction have now been fulfilled and that the Transaction has accordingly become unconditional and will be implemented in accordance with its terms. 29 June 2016 Cape Town Sponsor PSG Capital Date: 29/06/2016 04:15:00 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.