Results of general meeting Distribution and Warehousing Network Limited (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) Share code: DAW & ISIN code: ZAE000018834 ("DAWN" or the “Company”) RESULTS OF GENERAL MEETING Shareholders are advised that, at the general meeting of DAWN held on 6 March 2017 as set out in the notice of the general meeting dated 2 February 2017 were voted on at the general meeting as follows: % Number Total number of shares in issue that could be voted at the meeting 100 236,743,967 Total number of shares present/represented at the meeting including proxies 86 203,778,890 Votes in % Votes % Shares voted Abstentions % favour against SPECIAL RESOLUTION NUMBER 1: 203590053 100 0 0 203590053 188837 0,08 CONVERSION OF DAWN’S ENTIRE AUTHORISED AND ISSUED SHARE CAPITAL FROM PAR VALUE SHARES TO SHARES WITH NO PAR VALUE SPECIAL RESOLUTION NUMBER 2: INCREASE OF DAWN’S AUTHORISED SHARE CAPITAL 203589835 100 218 0 203590053 188837 0,08 SPECIAL RESOLUTION NUMBER 3: 203590053 100 0 0 203590053 188837 0,08 AMENDMENT OF THE MOI TO TAKE INTO ACCOUNT THE CONVERSION AND INCREASE IN DAWN’S AUTHORISED SHARE CAPITAL SPECIAL RESOLUTION NUMBER 4: AUTHORISATION TO ISSUE ADDITIONAL ORDINARY SHARES WITH VOTING POWER THAT WILL, UPON ISSUE, EXCEED 30% OF THE EXISTING VOTING POWER OF THE ORDINARY SHARES CURRENTLY IN ISSUE 203589835 100 218 0 203590053 188837 0,08 ORDINARY RESOLUTION 1: PLACING CONTROL OF THE AUTHORISED BUT UNISSUED SHARES UNDER THE CONTROL OF THE DIRECTORS 203589835 100 218 0 203590053 188837 0,08 For and on behalf of the Board Johannesburg 6 March 2017 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 06/03/2017 04:22:00 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.