Results of the annual general meeting Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 (“Sephaku Holdings” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING The Company is pleased to notify shareholders that all resolutions set out in the notice of annual general meeting were passed at the annual general meeting (“AGM”) held on 22 September 2016. The number of ordinary shares voted was 102 340 873, constituting 50.42% of the total number of shares in issue. The results of the voting were as follows: Resolutions: FOR(1) AGAINST(1) % % Ordinary resolution number 1 100.00 0.00 Adoption of the annual financial statements for the year ended 31 March 2016 Ordinary resolution number 2.1 98.24 1.76 Re-election of MM Ngoasheng as an independent non-executive director Ordinary resolution number 2.2 100.00 0.00 Election of MJ Janse van Rensburg as an independent non-executive director Ordinary resolution number 3 100.00 0.00 Re-appointment of Grant Thornton Johannesburg Partnership as auditors Ordinary resolution number 4.1 99.17 0.83 Election of B Williams as a member of the Audit and Risk Committee Ordinary resolution number 4.2 100.00 0.00 Election of PM Makwana as a member of the Audit and Risk Committee Ordinary resolution number 4.3 100.00 0.00 Election of MJ Janse van Rensburg as a member and chairman of the Audit and Risk Committee Ordinary resolution number 5 93.76 6.24 General authority to issue shares for cash Ordinary resolution number 6 99.17 0.83 Non-binding advisory vote – endorsement of the remuneration policy for services as directors Ordinary resolution number 7 100.00 0.00 General authorising resolution Special Resolution number 1 100.00 0.00 General authority to repurchase securities Special Resolution number 2 100.00 0.00 Non-executive directors’ remuneration Special Resolution number 3 93.89 6.11 Financial assistance for any beneficiary participating in any of the group’s share incentive schemes Special Resolution number 4 95.60 4.40 Financial assistance for present or future subsidiaries (1) As a percentage of total shares voted in person or by proxy. There were no abstentions for any of the resolutions. Retirement of Mr. MG Mahlare Shareholders are referred to the announcement released by the Company on SENS on 18 August 2016 in terms of which the Company advised, inter alia, that Mr. MG Mahlare would retire at the AGM. The board of directors wishes to take this opportunity to extend their appreciation and thanks to Mr. MG Mahlare for his services to the Company during his tenure as an independent non-executive director and chairman of the audit committee and wishes him well in his future pursuits. Johannesburg 23 September 2016 Sponsor Questco (Pty) Ltd _______________________________________________________________________________________ Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0210 About Sephaku Holdings Limited Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The strategy of SepHold is to generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd [formerly Sephaku Cement (Pty) Ltd] and 100% in Métier Mixed Concrete (Pty) Ltd. www.sephakuholdings.com Date: 23/09/2016 11:00:00 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.