Results of annual general meeting Distribution and Warehousing Network Limited (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) Share code: DAW & ISIN code: ZAE000018834 ("DAWN" or the “Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting (“AGM”) of DAWN held on 24 November 2017 as set out in the notice of the AGM dated 23 August 2017 were voted on at the AGM as follows: % Number Total number of shares in issue that could be voted at the meeting 100 600 372 480 Total number of shares present/represented at the meeting including proxies 67.27 403 842 459 Votes in Votes Shares % Abstentions % % % favour against voted Ordinary Resolution Number 1: Re-election of directors and ratification of appointment of directors: 1.1 Mr Diederik Fouché 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.2 Mr Dinga Mncube 126250309 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.3 Mr Edwin Hewitt 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.4 Mr Akhter Moosa 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.5 Mr Chris Booyens 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.6 Mr Charles Boles 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 1.7 Mr Theunis de Bruyn 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 Ordinary Resolution Number 2: Approval of re-appointment of external auditor and designated auditor 402832005 100.00 2997 0.00 402835002 67.10 1007457 0.17 Ordinary Resolution Number 3: Approval of election of audit committee members: 3.1 Mr Akhter Moosa 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 3.2 Mr Lou Alberts 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 3.1 Mr Akhter Moosa (chairman) 3.3 Mr Dinga Mncube 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 Ordinary Resolution Number 4: To endorse the company’s remuneration policy and its implementation 402006429 99.99 34517 0.01 402040946 66.97 1801513 0.30 Ordinary Resolution Number 5: General authority to directors to allot and issue authorised but unissued ordinary shares 310749635 77.28 91341311 22.72 402090946 66.97 1751513 0.29 Ordinary Resolution Number 6: Authorising the directors to implement the special and 402784002 100.00 1000 0.00 402785002 67.09 1057457 0.18 ordinary resolutions Special Resolution Number 1: Approval non-executive directors’ 402782005 100.00 2997 0.00 402785002 67.09 1057457 0.18 fees Special Resolution Number 2: Authority to provide financial assistance to any company or 402784002 99.99 51000 0.01 402835002 67.10 1007457 0.17 corporation which is related or inter-related to the company For and on behalf of the Board Johannesburg 24 November 2017 Sponsor Deloitte & Touche Sponsor Services (Pty) Limited Date: 24/11/2017 05:12:00 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.