Results of AGM Marshall Monteagle PLC (Incorporated in Jersey and registered as an external company in South Africa) Company registration number: 102785 External registration number: 2010/024031/10 JSE share code: MMP ISIN: JE00B5N88T08 (“Marshall”) RESULTS OF THE ANNUAL GENERAL MEETING The board of directors of Marshall hereby advises that at the AGM of shareholders held on Monday 10 April 2017, the following resolutions, as set out in the notice of AGM which was incorporated in the Integrated Annual Report distributed to shareholders on 6 February 2017, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy. The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report and in the Supplementary Notice of the Annual General Meeting distributed to shareholders on 15 March 2017. Shareholders are advised that: - the total number of shares in issue as at the date of the AGM was 35,857,512; - the total number of shares that were present in person/represented by proxy at the AGM was 21,046,462 shares being 58.69% of the total number of shares in issue (“Shares Voted”). - Abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the Shares Voted. Details of the results of the voting are as follows: Resolution Shares voted Shares voted Shares for against abstained Ordinary Business 1 To receive and adopt the Report of the Directors and Audited Accounts for the 21,046,462 Nil Nil year ended 30 September 2016. 100% 2 To re-elect Mr. B.C.B. Newman as a Director. 21,046,462 Nil Nil 100% 3 To elect Mr. A.R.C. Barclay as a Director with effect from 11 April 2017. 21,046,462 Nil Nil 100% 4 To re-appoint Saffrey Champness as auditor and to authorise the Directors to 21,046,462 Nil Nil determine their remuneration. 100% Special Business 5 To give the Directors general authority to issue shares for cash. 21,046,462 Nil Nil 100% 6 To give the Company or any of its subsidiaries general authority to acquire 21,046,462 Nil Nil its own shares. 100% Pursuant to the Supplementary Notice of the Annual General Meeting, Mr. Edward Beale has been appointed as the Executive Group Financial Director on a permanent basis following the appointment of Mr. Alastair Barclay as Director and Non-Executive Chairman. Johannesburg, 10 April 2017 Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 10/04/2017 03:58:00 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.