Results of general meeting GREENBAY PROPERTIES LTD (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Greenbay” or “the Company”) RESULTS OF GENERAL MEETING Shareholders are advised that at the general meeting of shareholders held on 31 July 2017 (in terms of the notice of general meeting dispatched to shareholders on 7 July 2017), for the purpose of approving the adoption of the rules of the Greenbay Incentive Plan, placing 7 500 000 000 unissued shares under the control the board of directors of the Company and authorising the issue of up to 15% of the shares in the Company for cash and all of the resolutions tabled thereat were passed by the requisite majority of Greenbay shareholders. Details of the results of voting at the general meeting are as follows: - total number of Greenbay shares that could have been voted at the general meeting: 7 037 912 566 - total number of Greenbay shares that were present/represented at the general meeting: 5 983 300 002 being 85.02% of the total number of Greenbay shares that could have been voted at the general meeting. Ordinary Resolution 1: Adoption of the rules of the Greenbay Properties Ltd Incentive Plan Shares voted* For Against Abstentions^ 5 834 926 657 5 566 496 058, being 95.40% 268 430 599, being 4.60% 148 373 345, being 2.11% Ordinary Resolution 2: Control over unissued shares Shares voted* For Against Abstentions^ 5 981 265 305 5 468 387 869, being 91.42% 512 877 436, being 8.58% 2 034 697, being 0.03% Ordinary Resolution 3: General authority to issue shares for cash Shares voted* For Against Abstentions^ 5 981 265 305 5 217 390 536, being 87.23% 763 874 769, being 12.77% 2 034 697, being 0.03% *excluding abstentions ^ in relation to total shares in issue By order of the Board 31 July 2017 This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information in this announcement. The Company has primary listings on both the Official Market of the SEM and the Main Board of the JSE. For further information please contact: JSE sponsor Java Capital Tel: +27 11 722 3050 SEM authorised representative and sponsor Perigeum Capital Tel: +230 402 0890 Company Secretary Intercontinental Trust Tel: +230 403 0800 Date: 31/07/2017 12:15:00 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.