Results of special meeting New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or “the Company”) RESULTS OF SPECIAL MEETING Shareholders are referred to the circular to shareholders dispatched on 9 June 2017 relating to the proposed reduction of the Company’s stated capital to increase its distributable reserves under the provisions of section 62 of the Mauritian Companies Act and are advised that at the special meeting of shareholders held on Tuesday, 11 July 2017 (in terms of the notice of special meeting), the special resolution tabled at the meeting was passed by the requisite majority of New Frontier shareholders. Details of the results of voting at the special meeting are as follows: - total number of New Frontier shares that could have been voted at the special meeting: 152,774,750 - total number of New Frontier shares that were present/represented at the special meeting: 115,290,756, being 75.46% of the total number of New Frontier shares that could have been voted at the special meeting. Special Resolution 1: Authority to reduce the stated capital of the Company Shares voted For Against Abstentions 115,290,756 shares 111,291,354 shares, being 96.53% 3,999,402 shares, being 3.47% - New Frontier holds primary listings on the Stock Exchange of Mauritius Ltd (“SEM”) and the Alternative Exchange of the Johannesburg Stock Exchange (“JSE”). 11 July 2017 This notice is issued pursuant to SEM Listing Rule 11.3. The board of directors of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information in this notice. For further information, please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030 Date: 11/07/2017 02:40:00 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.