Results of the General Meeting HOSKEN CONSOLIDATED INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) Registration number 1973/007111/06 Share code: HCI ISIN: ZAE000003257 (“HCI”) RESULTS OF THE GENERAL MEETING 1. INTRODUCTION HCI ordinary shareholders (“HCI Shareholders”) are advised that at the general meeting held on Wednesday, 31 May 2017 (“General Meeting”) all the resolutions, as proposed in the notice of General Meeting were approved, without modification, by the requisite majority of HCI Shareholders. 2. RESULTS OF THE VOTING AT THE GENERAL MEETING The resolutions were voted on as follows: % of issued share capital Number of shares Total number of shares that could be voted at meeting 100.00% 88 034 283 Total number of shares present/represented including proxies at meeting (including shares abstained from voting) 91.41% 80 471 627 Number of votes (one vote per share) For Against Abstain SPECIAL RESOLUTION 1. Special resolution to repurchase 2 688 75 957 137 0 1 376 000 HCI ordinary shares from the HCI 100.00% 0.00% 0.00% Foundation (in terms of shares eligible to be voted) ORDINARY RESOLUTION 1. Authorisation for directors to implement 80 470 251 0 1 376 resolution 100.00% 0.00% 0.00% 3. FURTHER CONDITIONS PRECEDENT The repurchase transaction remains subject to various conditions precedent as set out in the circular to HCI Shareholders dated 2 May 2017. A further announcement will be released once all of the conditions precedent have been fulfilled or waived. 31 May 2017 Cape Town Sponsor and Corporate Adviser Investec Bank Limited Date: 31/05/2017 04:42:00 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.