RESULTS OF ANNUAL GENERAL MEETING AND SPECIAL GENERAL MEETING Indequity Group Limited Incorporated in the Republic of South Africa Registration number: 1998/015883/06 Share code: IDQ ISIN code: ZAE000016606 (“Indequity” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND SPECIAL GENERAL MEETING Results of annual general meeting Indequity Shareholders (“Shareholders”) are hereby advised that at the annual general meeting of Shareholders held at 11h00 on Tuesday, 16 January 2018 (“the AGM”), all of the ordinary and special resolutions contained in the notice of AGM, forming part of the 2017 Indequity Annual Report, were passed by the requisite majority of votes of shareholders present in person or represented by proxy at the AGM. Details of the results of voting at the AGM are as follows: - Total number of issued Ordinary shares 13 105 632 - Total number of issued A Class preference shares 14 870 000 - Total number of issued B Class preference shares 11 669 680 - Total number of issued shares (Net of treasury shares) (“Total Issued Shares”) 39 645 312 - Total number of AGM voteable shares (“AGM Total Voteable Shares”) 26 148 864 Total number shares which were voted in person or represented by proxy: 26 148 864 shares, being 65.96% of the Total Issued Shares and 100% of the AGM Total Voteable Shares. Shares Shares Total Shares Total Shares Total Shares Shares voted for voted voted voted (% of voted (% of abstained (% (% of against (% (number) Total Issued AGM Total of AGM Total AGM of AGM Shares) Voteable Voteable Total Total Shares) Shares) Voteable Voteable Shares) Shares) 1 To adopt the annual 100% 0% 26 148 864 65.96% 100% 0% financial statements. 2 To re-appoint KPMC Inc., 95.85% 4.15% 26 148 864 65.96% 100% 0% with M Danckwerts as audit partner, as auditors until the next annual general meeting and authorise the directors to determine and pay the auditors remuneration. 3 To approve that KPMG 95.85% 4.15% 26 148 864 65.96% 100% 0% Services Proprietary Limited provide JSE sponsor services to Indequity, although KPMG Inc. are the auditors of the Company. 4 To re-elect G Williamson 100% 0% 25 723 820 64.89% 98.37% 1.07% as non- executive director. 5 To elect G Williamson, JF 100% 0% 25 723 820 64.89% 98.37% 1.07% Zwarts and A van Jaarsveldt as members of the Audit and risk committee. 6 To elect G Williamson, JF 100% 0% 25 723 820 64.89% 98.37% 1.07% Zwarts, A van Jaarsveldt and L Jansen van Rensburg as members of the social and ethics committee. 7 Special resolution No.1: 100% 0% 26 148 864 65.96% 100% 0% Repurchase of Shares. 8 Ordinary Resolution No.1: 95.78% 4.22% 25 723 820 64.89% 98.37% 1.07% To place the unissued shares of the Company under the control of Directors. 9 Ordinary Resolution No.2: 95.85% 4.15% 26 148 864 65.96% 100% 0% To issue shares or sell treasury shares for cash. 10 Ordinary Resolution No.3: 100% 0% 26 148 864 65.96% 100% 0% Authority to sign documents. 11 Ordinary Resolution No.4: 100% 0% 26 148 864 65.96% 100% 0% Authorisation of remuneration policy. Johannesburg 18 January 2018 Sponsor KPMG Services (Pty) Ltd Date: 18/01/2018 10:00:00 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.