Results of General Meeting convened to consider the Scheme of Arrangement WINHOLD LIMITED (Incorporated in the Republic of South Africa) (Registration number 1945/019679/06) Share code: WNH ISIN: ZAE000033916 ("the company") RESULTS OF GENERAL MEETING CONVENED TO CONSIDER THE SCHEME OF ARRANGEMENT ("the Scheme Meeting") Shareholders are advised that all the resolutions contained in the notice convening the Scheme Meeting were approved by the requisite majorities of shareholders present in person or represented by proxy at the Scheme Meeting of the company held on Thursday, 31 August 2017. Details of the resolutions and the voting are contained in the table below. The issued share capital of the company is 126 215 131 ordinary shares, of which 125 505 786 were entitled to vote at the Scheme Meeting. Total number of votes cast: (% of Votes in share capital favour: Votes against: Abstentions: entitled (% of total (% of total (% of issued Resolution proposed to vote) votes cast) votes cast) share capital) Special resolution 1: To approve 96 359 261 96 003 261 170 000 186 000 the Scheme 76,35% 99,63% 0,18% 0,19% Ordinary resolution 1: To 96 359 261 96 003 261 170 000 176 000 authorise any director or the 76,35% 99,63% 0,18% 0,18% company secretary to sign documentation to give effect to implementation of the Scheme and the delisting of the company Shareholders should note that the implementation of the Scheme remains conditional upon the fulfilment of certain conditions precedent as detailed in the Circular. A further announcement will be released once the remaining conditions precedent have been fulfilled. By order of the board Johannesburg 31 August 2017 Sponsor ARBOR CAPITAL Date: 31/08/2017 04:02:00 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.