Results Of The Annual General Meeting AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“Afdawn” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held today, 18 October 2017 at the Boardroom of Statucor, 2nd Floor, Block D, The Boulevard, Searle Street, Woodstock, 7925(“AGM”), all of the resolutions were passed by the requisite majority of Afdawn shareholders. The detailed voting results of the AGM are set out below: Votes for Votes Number of Number of Number of as a against as shares shares shares percentage a voted at voted as a abstained as of total percentage the annual percentage percentage of number of of total general of votes votes shares number of meeting exercisable exercisable at voted at shares at the the annual the annual voted at annual general general general the annual meeting meeting meeting general meeting (%) (%) (%) (%) (%) Ordinary resolution number 1 99.17% 0.04% 8 714 663 99.21% 0.79% Re-election of Mr S Roper as a director Ordinary resolution number 2 99.17% 0.04% 8 714 663 99.21% 0.79% Re-appointment of Ms H Hickey to the audit and risk committee Ordinary resolution number 3 99.17% 0.04% 8 714 663 99.21% 0.79% Re-appointment of Ms V Lessing to the audit and risk committee Ordinary resolution number 4 99.17% 0.04% 8 714 663 99.21% 0.79% Re-appointment of Mr S Roper to the audit and risk committee Ordinary resolution number 5 Re-appointment of 99.20% 0.01% 8 714 663 99.21% 0.79% the independent registered auditor Ordinary resolution number 6 Non-Binding 99.10% 0.04% 8 708 540 99.14% 0.86% endorsement of Afdawn’s remuneration policy Ordinary resolution number 7 General authority to 56.88% 44.33% 8 714 663 99.21% 0.79% issue ordinary shares for cash Special resolution number 1 98.63% 0.11% 8 643 163 98.74% 1.26% Approval of the non- executive directors’ remuneration Special resolution number 2 General approval to 99.17% 0.04% 8 714 663 99.21% 0.79% acquire own shares Special resolution number 3 Inter Company 99.16% 0.04% 8 713 163 99.19% 0.81% Financial Assistance Special resolution number 4 Financial assistance for acquisition of 99.16% 0.04% 8 713 163 99.19% 0.81% shares in a company or inter-related company 18 October 2017 Cape Town Designated Advisor PSG Capital Date: 18/10/2017 04:06:00 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.