Results of general meeting BSI STEEL LIMITED (Incorporated in the Republic of South Africa) (Registration number 2001/023164/06) Ordinary share code: BSS ISIN: ZAE000125134 (“BSI” or “the Company”) RESULTS OF GENERAL MEETING The Board of directors of BSI hereby advises that, at the general meeting (“GM”) of shareholders held on Thursday, 14 September 2017, the following resolutions, as set out in the notice of GM, which was incorporated in the circular distributed to shareholders dated 8 August 2017, were duly approved by the requisite majority of shareholders present and voting, either in person or represented by proxy. Shareholders are advised that: - total number of shares in issue as at the date of the GM; 719 854 996 - total number of shares that were present in person/represented by proxy at the GM: 587 222 232 shares being 81.58% 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: Shares voted for Shares voted Shares abstained Resolution (Rounded) against (Rounded) (Rounded) Special Resolution Number 1 587 206 081 6 151 10 000 100.00% 0.00% 0.00% Amendment to the Company’s MOI Ordinary Resolution Number 1 587 206 081 6 151 10 000 100.00% 0.00% 0.00% Authority granted to Directors and Company Secretary Johannesburg 15 September 2017 Designated Advisor and Corporate Advisor Sasfin Capital (a member of the Sasfin Group) Date: 15/09/2017 10:49:00 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.