Results of Annual General Meeting Putprop Limited Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN: ZAE000072310 (“Putprop” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Putprop held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 34 651 073, representing 78% of the total issued share capital of the same class of Putprop shares. There were no shareholders that abstained from voting. The resolutions proposed at the meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for the against the Resolution resolution resolution Ordinary resolution number 1: To receive, consider and adopt the annual financial statements of the Company and the Group for the 100 - financial year ended 30 June 2016 Ordinary resolution number 2: To confirm the appointment of 100 - Daniele Gioacchino Torricelli as an independent non-executive director Ordinary resolution number 3: To confirm the appointment of 100 - Paul Umberto Nucci as an independent non-executive director Ordinary resolution number 4: To confirm the appointment of 100 - Hayden Hartley as an independent non-executive director Ordinary resolution number 5: To re-elect James Egerton Smith who, in terms of Article 25.7 of the Company’s Memorandum of 100 - Incorporation, retires by rotation Ordinary resolution number 6: To re-elect Bruno Claudio Carleo who, in terms of Article 25.7 of the Company’s Memorandum of 100 - Incorporation, retires by rotation Ordinary resolution number 7: To appoint Hayden Hartley as a member and Chairperson of the Putprop Limited Audit and Risk 100 - Committee Ordinary resolution number 8: To appoint Paul Umberto Nucci as a 100 - member of the Putprop Limited Audit and Risk Committee Ordinary resolution number 9: To appoint Daniele Gioacchino Torricelli as a member of the Putprop Limited Audit 100 - and Risk Committee Ordinary resolution number 10: To confirm the re-appointment of Mazars as independent auditors of the Company together with 100 - Shaun Vorster for the ensuing financial year Ordinary resolution number 11: Approval of remuneration policy 93.32 6.68 Ordinary resolution number 12: Control of authorised but unissued 93.32 6.68 ordinary shares Ordinary resolution number 13: Approval to issue ordinary shares, 86.29 13.71 and to sell treasury shares, for cash Ordinary resolution number 14: Signature of documents 100 - Ordinary resolution number 15: To transact such other business as 91.75 8.25 may be transacted at the Annual General Meeting of the Company Special resolution number 1: Approval of the non-executive 100 - directors’ remuneration Special resolution number 2: General approval to acquire shares 94.54 5.46 Special resolution number 3: Financial assistance for subscription of 94.54 5.46 securities Special resolution number 4: Loans or other financial assistance to 87.86 12.14 directors Special resolution number 5: Amendments to the Memorandum of 100 - Incorporation of the Company Johannesburg 2 November 2016 Sponsor Merchantec Capital Date: 02/11/2016 04:30:00 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.