Results of Annual General Meeting AFRICAN BANK INVESTMENTS LIMITED Incorporated in the Republic of South Africa (Registration number: 1946/021193/06) Ordinary share code: ABL ISIN: ZAE000030060 Hybrid instrument code: ABLP ISIN: ZAE000065215 (“ABIL”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of ABIL held today, all the resolutions as set out in the notice of annual general meeting, except for “Ordinary resolution number 4: Approval to issue ordinary shares, and to sell treasury shares, for cash”, were passed by the requisite majority of shareholders. The number of ordinary shares voted in person or by proxy was 901 162 866, representing 63.15% of the total issued share capital of the same class of ABIL shares. The number of preference shares voted in person or by proxy was 1 745 383, representing 12.91% of the total issued preference share capital of the same class of ABIL shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes % of carried for the against the shares Resolution resolution resolution abstained Ordinary resolution number 1: Appointment of auditors 99.91 0.09 0.13 Ordinary resolution number 2: Appointment of directors Ordinary resolution number 2.1: Appointment of Dr Enos 99.98 0.02 0.36 Banda as an independent non-executive director Ordinary resolution number 2.2: Appointment of Mr Daniël 99.98 0.02 0.10 Vlok as an independent non-executive director Ordinary resolution number 2.3: Appointment of Ms Alethea 99.98 0.02 0.10 Conrad as an independent non-executive director Ordinary resolution number 3: Appointment of the members of the Audit Committee Ordinary resolution number 3.1: Appointment of Mr Morris 75.65 24.35 0.59 Mthombeni as a member of the Audit Committee Ordinary resolution number 3.2: Appointment of Mr Daniël 99.98 0.02 0.10 Vlok as a member of the Audit Committee Ordinary resolution number 3.3: Appointment of Ms Alethea 99.95 0.05 0.10 Conrad as a member of the Audit Committee Ordinary resolution number 4: Approval to issue ordinary 27.75 72.25 0.79 shares, and to sell treasury shares, for cash Ordinary resolution number 5: Signature of documents 99.97 0.03 0.10 Special resolution number 1: Approval of the non-executive 99.87 0.13 2.71 directors’ remuneration Special resolution number 2: General approval to acquire 99.43 0.57 0.10 ordinary shares Special resolution number 3: General approval to acquire 99.64 0.36 0.10 preference shares Special resolution number 4: Financial assistance for 75.72 24.28 2.61 subscription of securities Special resolution number 5: Loans or other financial 98.30 1.70 0.10 assistance to related and inter-related entities Special resolution number 6: Change of name 99.80 0.20 0.10 Special resolution number 7: Amendment to the Memorandum 99.98 0.02 0.10 of Incorporation of the Company The voting results of special resolution number 3 include the votes of preference shareholders entitled to vote on this resolution. Johannesburg 6 September 2016 Sponsor Merchantec Capital Date: 06/09/2016 04:58:00 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.