Results of Annual General Meeting (“AGM”) and Change in Company Secretary Bowler Metcalf Limited (Registration number 1972/005921/06) Share code: BCF ISIN number: ZAE000030797 (“Bowler Metcalf” or “the company”) RESULTS OF ANNUAL GENERAL MEETING (“AGM”) AND CHANGE IN COMPANY SECRETARY RESULTS OF THE AGM The board of directors is pleased to announce the results of the AGM held yesterday, Wednesday 9 November 2016. Total number of issued ordinary shares: 88 428 066 Number of ordinary shares represented at the meeting: 58 455 482 Number of ordinary shares eligible to vote (excluding 5 629 003 treasury shares): 52 826 479 Percentage of total ordinary shares represented at the meeting: 66.1% The resolutions proposed at the general meeting, together with the percentage of votes carried for and against each resolution, are set out below: Resolution For Against Abstain Total voted Ordinary resolution No 1: 52 772 939 53 540 52 826 479 Approval of annual financial statements 100% 0% 0% Ordinary resolution No 2: Endorsement of directors remuneration 41 161 191 11 611 748 53 540 52 826 479 policy 78% 22.0% 0% Ordinary resolution No 3: 52 543 349 229 590 53 540 52 826 479 Re-Election of director – Michael Brain 99.6% 0.4% 0% Ordinary resolution No 4: 52 768 939 4 000 53 540 52 826 479 Re-Election of director – Sarah Gillett 99.99% 0% 0% Ordinary resolution No 5: 52 772 939 53 540 52 826 479 Director’s authority to negotiate and sign. 100% 0% 0% Ordinary resolution No 6: 48 582 626 4 000 4 239 853 52 826 479 Reappointment of auditors 99.99% 0% 0% Ordinary resolution No 7.1: Re-Election of Audit and Risk Committee 52 768 939 4 000 53 540 52 826 479 member – Craig MacGillivray 99.99% 0% 0% Ordinary resolution No 7.2: Re-Election of Audit and Risk Committee 52 517 317 255 622 53 540 52 826 479 member – Brian Frost 99.5% 0.5% 0% Ordinary resolution No 7.3: Re-Election of Audit and Risk Committee 52 768 939 4 000 53 540 52 826 479 member - Sarah Gillett 99.99% 0% 0% Special resolution No 1: 52 710 484 62 455 53 540 52 826 479 General authority to repurchase shares 99.9% 0.1% 0% Special resolution No 2: 52 772 939 53 540 52 826 479 Provision of financial assistance 100% 0% 0% Special resolution No 3: 52 763 239 19 700 43 540 52 826 479 Non-executive directors fees 99.99% 0% 0% CHANGE IN COMPANY SECRETARY Mr L Rowles will be retiring from his position of Company Secretary on 30 November 2016 and Ms Carin Bothma has been appointed in his stead. Cape Town 10 November 2016 Sponsor Arbor Capital Sponsors Proprietary Limited Date: 10/11/2016 04:18:00 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.