Results Of The General Meeting Of Deneb Shareholders DENEB INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/091290/06) (Share code: DNB ISIN: ZAE000197398) (“Deneb”) RESULTS OF THE GENERAL MEETING OF DENEB SHAREHOLDERS (“GENERAL MEETING”) 1. RESULTS OF THE GENERAL MEETING Shareholders are hereby advised that at the General Meeting of the Company held on 8 September 2016, at 09h00 at the registered offices of the Company situated at 5th Floor, Deneb House, Corner Main and Browning Roads, Observatory, Cape Town, 7925 (“General Meeting”) all of the resolutions were passed by the requisite majority of the shareholders of the Company. The detailed voting results of the General Meeting are set out below: Votes for as a Votes against Number of Number of Number of percentage of as a percentage shares voted at shares voted as shares total number of of total number the General a percentage of abstained as a shares voted of shares voted Meeting shares entitled percentage of (%) (%) to vote (%) * shares in issue (%) 1. Special 99.78% 0.22% 383 706 087 89.65% - Resolution Number 1: Special Repurchase of 133 507 266 shares from SACTWU @ R2.00 per share 2. Special 99.997% 0.003% 383 706 087 89.65% - Resolution Number 2: Revocation of Special resolution No 1 if terminated or lapsed *133 507 226 of the shares in issue are held by SACTWU, which were not entitled to vote. The number of shares voted as a percentage of shares in issue amounts to 68.38%. 9 September 2016 Cape Town Sponsor and Corporate Advisor: PSG Capital Proprietary Limited Date: 09/09/2016 01:00:00 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.