Results of 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”) RESULTS OF GENERAL MEETING Further to the announcements released on SENS on 27 October 2016 and 18 November 2016 (and using the terms defined therein unless otherwise stated) shareholders are advised that, at the general meeting of Putprop held today, convened in terms of the notice of general meeting to shareholders dated 18 November 2016 the resolutions to approve, inter alia, the “Acquisition of the CAVI Rental Enterprise”, were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 33 395 932, representing 75% of the total issued share capital of the same class of Putprop shares. The number of shares which abstained from voting was nil representing nil% of the total issued share capital of the same class of Putprop shares. The resolutions proposed at the general 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: The Acquisition 100 - Ordinary resolution number 2: Authority granted to Directors 100 - Johannesburg 20 December 2016 Sponsor and Corporate Adviser Merchantec Capital Date: 20/12/2016 03:35:00 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.