Results of Annual General Meeting Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Conduit Capital 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 151 029 237, representing 46% of the total issued share capital of the same class of Conduit Capital shares. The resolutions proposed at the annual general meeting, as well as the percentage of votes carried for and against each resolution, together with the percentage of shares abstained, are set out in the table below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained To receive, consider and adopt the annual financial statements of the Company and Group for the financial period ended 30 June 2016 100 - 0.024 To approve the re-election as director of Mr Ronald Napier who retires by rotation 100 - 0.022 To approve the re-election as director of Ms Rosetta Xaba who retires by rotation 100 - 0.022 To approve the appointment of Mr Jabulani Mahlangu as member and Chairman of the Audit Committee 100 - 0.022 To approve the appointment of Mr David Harpur as member of the Audit Committee 100 - 0.022 To approve the appointment of Ms Rosetta Xaba as member of the Audit Committee 100 - 0.022 To confirm the re-appointment of Grant Thornton as auditors of the Company, together with Ms Serena Ho being the individual registered auditor for the ensuing financial year 99.998 0.002 0.022 Ordinary resolution number 1: Approval of the remuneration policy 99.998 0.002 0.009 Special resolution number 1: Approval of the non- executive directors’ remuneration 100 - 0.009 Ordinary resolution number 2: Control of authorised but unissued ordinary shares 100 - 0.009 Ordinary resolution number 3: General issue of shares for cash 100 - 0.009 Special resolution number 2: General approval to acquire shares 100 - 0.009 Special resolution number 3: Loans or other financial assistance to subsidiaries and other related or inter- related companies 99.996 0.004 0.009 Ordinary resolution number 4: Signature of documents 100 - 0.009 Johannesburg 17 November 2016 Sponsor Merchantec Capital Date: 17/11/2016 05:22:00 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.