Results of Annual General Meeting African Rainbow Minerals Limited (Incorporated in the Republic of South Africa) (Registration Number 1933/004580/06) JSE Share code: ARI ISIN: ZAE000054045 (“ARM”) Results of Annual General Meeting The shareholders of ARM (“Shareholders”) are advised that at the annual general meeting of Shareholders (“Annual General Meeting”) held on Friday, 2 December 2016, in terms of the notice of Annual General Meeting distributed to Shareholders on Monday, 31 October 2016, all of the resolutions tabled were passed by the requisite majority of votes cast by Shareholders present in person or represented by proxy. As at Friday, 25 November 2016, being the Voting Record Date, the total issued share capital of ARM was 218 384 758 (“Issued Shares”) and the total number of votable shares was 189 770 018 (“Votable Shares”). The number of ARM shares voted in person or by proxy at the Annual General Meeting is 177 352 473 shares, representing 81.21% of the Issued Shares and 93.46% of the Votable Shares. The voting results were as follows: SHARES VOTED SHARES AS A ABSTAINED PERCENT AS A SHARES NUMBER OF PERCENT OF SHARES VOTED OF ISSUED ISSUED VOTED FOR AGAINST SHARES SHARES SHARES RESOLUTION (%)* (%)* VOTED (%)** (%)** Ordinary resolution number 1 97.09 2.91 175 998 353 80.59 0.62 Re-election of Mr F Abbott as a Director Ordinary resolution number 2 Re-election of Mr T A Boardman as a 99.53 0.47 175 998 353 80.59 0.62 Director Ordinary resolution number 3 0.62 97.12 2.88 175 998 353 80.59 Re-election of W M Gule as a Director Ordinary resolution number 4 Re-appointment of Ernst & Young Inc. as external auditor and re-appointment of 93.07 6.93 177 351 891 81.21 0.00 Mr L I N Tomlinson as the person designated to act on behalf of the external auditor Ordinary resolution number 5 Election of Audit and Risk Committee Members Ordinary resolution number 5.1 99.53 0.47 175 998 353 80.59 0.62 Mr T A Boardman Ordinary resolution number 5.2 92.42 7.58 175 998 353 80.59 0.62 Mr F Abbott Ordinary resolution number 5.3 99.19 0.81 175 998 353 80.59 0.62 Dr M M M Bakane-Tuoane Ordinary resolution number 5.4 99.95 0.05 175 997 771 80.59 0.62 Mr A D Botha Ordinary resolution number 5.5 99.19 0.81 175 998 353 80.59 0.62 Mr A K Maditsi Ordinary resolution number 5.6 99.19 0.81 175 998 353 80.59 0.62 Dr R V Simelane Ordinary resolution number 6 Non-binding advisory vote on ARM’s 90.03 9.97 167 779 970 76.83 4.38 Remuneration Policy Special resolution number 1 Increase in annual retainer fees and the per 99.95 0.05 175 997 771 80.59 0.62 Board meeting attendance fees of Non- executive Directors Special resolution number 2 Increase in the per Committee meeting 99.88 0.12 175 997 771 80.59 0.62 attendance fees of Committee members * Expressed as a percentage of the number of shares voted per resolution. **Expressed as a percentage of 218 384 758 Issued Shares as at the Voting Record Date. Sandton 5 December 2016 Sponsor: Deutsche Securities (SA) Proprietary Limited Date: 05/12/2016 04:00:00 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.