Results of annual general meeting INGENUITY PROPERTY INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/018084/06) ISIN: ZAE 000127411 JSE share code: ING (“Ingenuity” or “the Company”) Results of annual general meeting Shareholders are advised that the voting results for the annual general meeting of Ingenuity (“the AGM”) held at the registered offices of the Company today, 27 January 2017 were as follows: Resolution Number of Percentage of For*** Against*** Abstained**** shares voted shares in % % % issue* % Ordinary Resolution Number 1 Re- 1 157 503 276 92.16 100.00 0.00 0.15 appointment of auditor Ordinary Resolution Number 2 Re- 1 157 503 276 92.16 99.99 0.01 0.15 election of Mr AJ Branch as a director Ordinary Resolution Number 3 Re- 1 156 903 276 92.11 99.99 0.01 0.15 election of Mr RS Schur as a director Ordinary Resolution Number 4 1 156 903 276 92.11 99.99 0.01 0.15 Appointment of Mr RS Schur as chairman and member of the Audit and Risk Committee Ordinary Resolution Number 5 1 154 203 276 91.90 100.00 0.00 0.15 Appointment of Mr RC Squire- Howe as member of the Audit and Risk Committee Ordinary Resolution Number 6 1 145 503 276 91.20 99.99 0.01 0.15 Appointment of Mr DB Fabian as member of the Audit and Risk Committee Ordinary Resolution Number 7 1 157 503 276 92.16 100.00 0.00 0.15 Endorsement of remuneration policy Ordinary Resolution Number 8 1 157 503 276 92.16 100.00 0.00 0.15 General authority over unissued shares reserved for the Ingenuity Employee Share Trust Ordinary Resolution Number 9** 1 068 342 941 85.06 100.00 0.00 0.15 General authority to issue shares for cash Ordinary Resolution Number 10 1 157 503 276 92.16 100.00 0.00 0.15 General authority over unissued shares Ordinary Resolution Number 11** 1 068 442 941 85.07 99.99 0.01 0.14 Authority to issue shares to enable shareholders to reinvest cash distributions Special Resolution Number 1 1 157 503 276 92.16 99.99 0.01 0.15 Remuneration payable to non- executive directors Special Resolution Number 2** 1 068 442 941 85.07 99.99 0.01 0.14 General approval to repurchase shares Special Resolution Number 3** 1 068 342 941 85.06 99.99 0.01 0.15 Amendment to the MOI Special Resolution Number 4** 1 068 442 941 85.07 99.99 0.01 0.14 Authority to issue shares to directors who elect to reinvest their cash distributions * Based on 1 255 995 859 shares in issue as at the date of the AGM. ** 89 160 335 treasury shares have been excluded from voting on these resolutions. *** In relation to the total number of shares voted at the AGM. **** In relation to the total number of shares in issue as at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of Ingenuity shareholders present in person or represented by proxy at the AGM. Cape Town 27 January 2017 Sponsor Nedbank Corporate and Investment Banking Date: 27/01/2017 11:35:00 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.