Report on proceedings at the annual general meeting Capevin Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 1997/020857/06) Share code: CVH ISIN: ZAE000167714 ("Capevin") REPORT ON PROCEEDINGS AT THE ANNUAL GENERAL MEETING At the 2016 annual general meeting (“AGM”) of the shareholders of Capevin held today, 28 October 2016 all the ordinary and special resolutions proposed at the meeting were approved by the requisite majority of votes. In this regard, Capevin confirms the voting statistics from the AGM as follows: Shares voted in relation to the total issued share capital: Number of shares voted Total issued share Percentage shares capital voted 586 545 614 880 103 265 66.65% Votes carried disclosed Shares as a percentage in abstained relation to the total disclosed as a number of shares voted at percentage in the meeting relation to the total issued For Against share capital Ordinary Resolution Number 1 - Approval of annual 100.00% 0.00% 0.00% financial statements Ordinary Resolution Number 2 100.00% 0.00% 0.00% - Reappointment of auditor Ordinary Resolution Number 3 - Election of director, 97.99% 2.01% 0.00% Mr A E v Z Botha Ordinary Resolution Number 4 - Election of director, 99.84% 0.16% 0.00% Mr J J Durand Ordinary Resolution Number 5 - Appointment of member of the Audit and Risk 98.00% 2.00% 0.0% Committee, Mr A E v Z Botha Ordinary Resolution Number 6 - Appointment of member of the Audit and Risk 100.00% 0.00% 0.00% Committee, Mr R M Jansen Ordinary Resolution Number 7 - Appointment of member of 97.71% 2.29% 0.00% the Audit and Risk Committee, Mr C A Otto Special Resolution Number 1 - Approval of directors’ 100.00% 0.00% 0.00% remuneration Special Resolution Number 2 – Amendment to the 100.00% 0.00% 0.00% Memorandum of Incorporation The special resolution/s will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course. Stellenbosch 28 October 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 28/10/2016 02:10:00 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.