Results of General Meeting HULISANI LIMITED Incorporated in the Republic of South Africa (Registration number: 2015/363903/06) Share code: HUL ISIN: ZAE000212072 (“Hulisani” or “the Company”) RESULTS OF GENERAL MEETING (“the General Meeting”) Shareholders are referred to the General Meeting which was held at 11th Floor, Sandton Eye, corner West Street and Rivonia Road, Sandton today, 24 October 2016 at 10h00 and are advised that in terms of paragraph 3.91 of the JSE Listings Requirements, all ordinary and special resolutions proposed in the Notice of the General Meeting were passed unanimously, by the requisite number of shareholders present and represented by proxy and being entitled to vote at the General Meeting. The resolutions proposed, and the details of results are set out below: Votes Shares abstained Votes for against as a percentage resolution resolution (%) of shares in (%) * (%) * issue Special Resolution 100 0 0 Number 1 – Authority to Issue The Specific Issue Shares Ordinary Resolution 100 0 0 Number One – Approval of The Specific Issue Ordinary Resolution 100 0 0 Number Two – Approval of Revised Permissible Operating Expenses Ordinary Resolution 100 0 0 Number Three – Authority of Directors Note * - In relation to the total number of shares voted at the General Meeting Total shares voted in person or by proxy amounted to 93.13% of total issued share capital, being 46,562,717 voted shares. Johannesburg 24 October 2016 Sponsor: PSG Capital Proprietary Limited Date: 24/10/2016 02:15:00 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.