Results Of The General Meeting Niveus Investments Limited (Incorporated in the Republic of South Africa) (Registration number: 1996/005744/06) Share code: NIV ISIN: ZAE000169553 (“Niveus” or the “Company”) RESULTS OF THE GENERAL MEETING Shareholders are hereby advised that at the general meeting of the Company held at 10:00 today, 18 January 2018, at La Concorde, 57 Main Street, Paarl (“General Meeting”), all of the resolutions proposed were passed by the requisite majority of Niveus shareholders. Details of the results of voting at the General Meeting are as follows: Votes for Votes Number of Number of Number of resolution against shares shares shares as a resolution voted at voted at abstained percentage as a General General as a of total percentage Meeting Meeting as percentage number of of total a of shares shares number of percentage in issue Resolutions voted at shares of shares proposed at General voted at in issue the General Meeting General Meeting Meeting Ordinary 92.82% 7.18% 33 276 615 27.93% 0.00% Resolution Number 1: Approval of the GABS Acquisition Ordinary 92.82% 7.18% 33 276 615 27.93% 0.00% Resolution Number 2: Directors’ authority As indicated above, the GABS Acquisition, as defined and detailed in the Company’s circular to shareholders dated 18 December 2017 (“Circular”), has been approved by shareholders. It is anticipated that the remaining conditions precedent to the GABS Acquisition will be fulfilled by no later than 30 January 2018, with the result that the GABS Acquisition will be implemented on 1 February 2018, in accordance with the salient dates and times section of the Circular. Cape Town 18 January 2018 Corporate advisor and sponsor PSG Capital Date: 18/01/2018 03:30:00 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.