Results of General Meeting MICROmega Holdings Limited Incorporated in the Republic of South Africa (Registration number 1998/003821/06) Share code: MMG ISIN: ZAE000034435 (“MICROmega”) RESULTS OF GENERAL MEETING Shareholders are referred to the announcement released on SENS on 13 October 2017 and the circular distributed to shareholders on 18 January 2018 (“Circular”). Terms defined in the Circular shall, unless otherwise stated, bear the same meaning in this announcement. Shareholders are advised that, at the General Meeting convened in terms of the notice of General Meeting to shareholders dated 18 January 2018 which was held today, all the resolutions were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 90 636 184, representing 79% of the total issued share capital of the same class of MICROmega shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes carried for % of votes % of shares the against the abstained Resolution resolution resolution Ordinary resolution number 1: The Disposal 100% - 0.0172% Ordinary resolution number 2: Authority granted to 100% - 0.0172% Directors Shareholders are advised that, the Suspensive Condition contained in paragraph 3.5.3 of the Circular, as set out below, is the only Suspensive Condition which remains outstanding: to the extent necessary, the approval of the Disposal and any other transactions set out in the transaction structuring memorandum prepared by PricewaterhouseCoopers dated 5 October 2017 by the Financial Surveillance Department of the South African Reserve Bank. To the extent that such approval is subject to any condition, this Suspensive Condition will only be deemed to have been fulfilled if each of the parties adversely affected by such condition, acting reasonably and in good faith, agrees in writing to accept such condition within five business days of being notified of such conditional approval. Shareholders will be advised in a further announcement once the aforementioned Suspensive Condition has been fulfilled. Johannesburg 20 February 2018 Corporate Adviser and Sponsor to MICROmega Merchantec Capital Date: 20/02/2018 03:17:00 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.