Results of the Annual General Meeting held on 21 July 2016 Cartrack Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 2005/036316/06) JSE share code: CTK ISIN: ZAE000198305 (“Cartrack” or the “Company”) RESULTS OF THE ANNUAL GENERAL MEETING HELD ON 21 JULY 2016 Shareholders are advised that all the resolutions proposed at the Annual General Meeting (“AGM”) of the Company on 21 July 2016 were passed by the requisite majority of shareholder votes. An amendment to limit the amount of authorised but unissued shares to be placed under the control of the directors (ordinary resolution number 6) to 2% of the shares in issue, was proposed, seconded and supported at the AGM. The resolutions were voted on as follows: % of issued share Number capital Total number of shares present/represented, including 90.68 272 028 978 proxies, at the meeting (including shares abstained from voting) Total number of shares present/represented, including 90.68 272 028 978 proxies, at the meeting (excluding shares abstained from voting) For Against Abstain Ordinary resolution no 1 Election of Mrs K White as a 272 028 978 - - Director 100% - - Ordinary resolution no 2 Reappointment of external auditor 271 232 326 796 652 - 99.70714% 0.29286% - Ordinary resolution no 3.1 Appointment of Mrs K White as 272 028 978 - - member and chairman of the Audit and Risk Committee 100% - - Ordinary resolution no 3.2 272 028 978 - - Appointment of Mr DJ Brown as member of the Audit and Risk 100% - - Committee Ordinary resolution no 3.3 Appointment of Mr TA Ikalafeng as 272 028 978 - - member of the Audit and Risk Committee 100% - - Ordinary resolution no 4 Signature of documents 272 028 978 - - 100% - - Ordinary resolution no 5 General authority to issue shares 263 086 608 8 942 370 - for cash, restricted to 2% of shares in issue 96.71271% 3.28729% - Ordinary resolution no 6 Placing the authorised share capital 260 914 943 11 114 035 - under the control of the Directors, restricted to 2% of shares in issue 95.91439% 4.08561% - Special resolution no 1 Approval of non-executive 272 028 978 - - Directors’ remuneration 100% - - Special resolution no 2 Financial assistance 264 482 750 7 546 228 - 97.22595% 2.77405% - Johannesburg 21 July 2016 Sponsor: Investec Bank Limited Date: 21/07/2016 03:50:00 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.