RESULTS OF ANNUAL GENERAL MEETING AVENG LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1944/018119/06) ISIN: ZAE000111829 SHARE CODE: AEG ("Aveng" or "the Group") RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that at the annual general meeting held today, the requisite majority of shareholders approved all the ordinary and special resolutions, as set out in the notice of annual general meeting. There were 416,670,931 ordinary shares in issue as at the date of the annual general meeting. The voting results of the resolutions were as follows: Ordinary resolution 1: Election of Mr S Flanagan as a director For Against Abstain Total Shares voted Shares voted 335 669 787 - 20 300 335 669 787 % 100.00% 0.00% 0.00% 100.00% Ordinary resolution 2.1: Re-election of Ms A Hermanus as a director For Against Abstain Total Shares voted Shares voted 335 473 606 196 181 20 300 335 669 787 % 99.94% 0.06% 0.00% 100.00% Ordinary resolution 2.2: Re-election of Mr HJ Verster as a director For Against Abstain Total Shares voted Shares voted 335 473 606 196 181 20 300 335 669 787 % 99.94% 0.06% 0.00% 100.00% Ordinary resolution 2.3: Re-election of Ms T Mokgosi-Mwantembeba as a director For Against Abstain Total Shares voted Shares voted 335 473 606 196 181 20 300 335 669 787 % 99.94% 0.06% 0.00% 100.00% Ordinary resolution 2.4: Re-election of Mr E Diack as a director For Against Abstain Total Shares voted Shares voted 310 191 392 25 478 395 20 300 335 669 787 % 92.41% 7.59% 0.00% 100.00% Ordinary resolution 3.1: Election of Mr Erick Diack as member of the audit committee For Against Abstain Total Shares voted Shares voted 306 565 097 25 888 847 3 236 143 332 453 944 % 92.21% 7.79% 0.78% 100.00% Ordinary resolution 3.2: Election of Mr Philip Hourquebie as member of the audit committee For Against Abstain Total Shares voted Shares voted 335 063 154 606 633 20 300 335 669 787 % 99.82% 0.18% 0.00% 100.00% Ordinary resolution 3.3: Election of Ms Kholeka Mzondeki as member of the audit committee For Against Abstain Total Shares voted Shares voted 335 063 154 606 633 20 300 335 669 787 % 99.82% 0.18% 0.00% 100.00% Ordinary resolution 4: Reappointment of Ernst & Young Inc. as auditors For Against Abstain Total Shares voted Shares voted 274 872 660 57 335 319 3 482 108 332 207 979 % 82.74% 17.26% 0.84% 100.00% Ordinary resolution 5: Approval of remuneration policy For Against Abstain Total Shares voted Shares voted 274 918 189 60 751 598 20 300 335 669 787 % 81.90% 18.10% 0.00% 100.00% Special resolution 1: General authority to repurchase shares For Against Abstain Total Shares voted Shares voted 332 257 763 3 215 843 216 481 335 473 606 % 99.04% 0.96% 0.05% 100.00% Special resolution 2: Non-executive directors’ remuneration For Against Abstain Total Shares voted Shares voted 335 473 606 196 181 20 300 335 669 787 % 99.94% 0.06% 0.00% 100.00% Special resolution 3: Financial assistance to related and inter-related companies For Against Abstain Total Shares voted Shares voted 335 669 787 - 20 300 335 669 787 % 100.00% 0.00% 0.00% 100.00% Ordinary resolution 6: Signing authority For Against Abstain Total Shares voted Shares voted 335 669 787 - 20 300 335 669 787 % 100.00% 0.00% 0.00% 100.00% Jet Park, Boksburg 21 October 2016 Sponsor: JP Morgan Equities South Africa Proprietary Limited Date: 21/10/2016 01:37:00 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.