Results of general meeting SASFIN HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/002097/06) Ordinary share code: SFN ISIN: ZAE000006565 Preference share code: SFNP ISIN: ZAE000060273 (“Sasfin” or “the Company”) RESULTS OF GENERAL MEETING Sasfin shareholders (“Shareholders”) are referred to the circular dated 21 August 2017 regarding the implementation, subscription and relationship agreement that Sasfin entered into with Women Investment Portfolio Holdings Limited (“WIPHOLD”) and WIPHOLD’s wholly-owned subsidiary Sinvent Investments 245 Proprietary Limited (“WIPHOLD SPV”) on 7 June 2017 in terms of which, inter alia: - WIPHOLD SPV will subscribe for Sasfin ordinary shares (“Shares”) at R51.00 per Share in terms of a specific issue of shares for cash (“Subscription”); and - Sasfin will make an offer to repurchase all or some of the Shares held by Shareholders (“Repurchase Offer”) at R51.00 per Share in compliance with all of the applicable requirements for a scheme of arrangement in terms of section 114 of the Companies Act, 71 of 2008 (as amended) (“Companies Act”) as read with section 115 of the Companies Act. The Subscription and Repurchase Offer (collectively “Transaction”) are indivisibly linked and the Transaction is still subject to the fulfilment of certain conditions precedent including, the approval of the South African Registrar of Banks. Shareholders are advised that at the general meeting held today, 19 September 2017 (“GM”), the resolutions set out below with regard to the Transaction were duly approved by the requisite majority of shareholders present and voting. Details of the results of the voting are as follows: Resolution Shares voted for Shares voted Shares Shares voted against abstained Special Resolution Number 1 24 593 386 515 944 31 599 25 109 330 Specific authority to issue Shares for 97.95% 2.05% 0.10% cash Special Resolution Number 2 25 107 330 2 000 31 599 25 109 330 Approval of the share repurchase in 99.99% 0.01% 0.10% accordance with section 48(8)(a) of the Companies Act Special Resolution Number 3 25 107 330 2 000 31 599 25 109 330 Repurchase resolution (in accordance 99.99% 0.01% 0.10% with sections 48(8)(b) and 115(2) of the Companies Act) Special Resolution Number 4 25 109 330 0 31 599 25 109 330 Revocation of Special Resolution 100% 0.00% 0.10% Number 3 if the Repurchase Offer is not implemented and dissenting Shareholders have exercised their appraisal rights under section 164 of the Companies Act Ordinary Resolution Number 1 25 135 830 0 5 099 25 135 830 Authority granted to directors 100% 0.00% 0.02% Notes: 1. There were 32 301 441 Shares in issue as at the date of the GM. 2. 25 140 929, Shares were present/represented including proxies at the GM being 77.83% of the total number of Shares in issue. 3. Abstentions are represented as a percentage of the total number of Shares in issue while the Shares voted for and against are represented as a percentage of the Shares voted. Johannesburg 19 September 2017 Sponsor Sasfin Capital (a member of the Sasfin Group) Independent Sponsor Deloitte & Touche Sponsor Services Proprietary Limited Date: 19/09/2017 01:55:00 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.