Results of AGM Marshall Monteagle PLC (Incorporated in Jersey and registered as an external company in South Africa) Company registration number: 102785 External registration number: 2010/024031/10 JSE share code: MMP ISIN: JE00B5N88T08 (“Marshall”) RESULTS OF THE ANNUAL GENERAL MEETING The board of directors of Marshall hereby advises that at the AGM of shareholders held on Monday 9 April 2018, the following resolutions, as set out in the notice of AGM which was incorporated in the Integrated Annual Report distributed to shareholders on 29 January 2018, were duly approved by the requisite majority of shareholders present and voting, in person or represented by proxy. The full text of all the resolutions can be found in the Notice of Annual General Meeting contained in the Annual Report. Shareholders are advised that: - the total number of shares in issue as at the date of the AGM was 35,857,512; - the total number of shares that were present in person/represented by proxy at the AGM was 20,822,858 shares being 58.07% of the total number of shares in issue (“Shares Voted”); and - abstentions are represented below as a percentage of total number of shares in issue while the shares voted for and against are represented below as a percentage of the Shares Voted. Details of the results of the voting are as follows: Resolution Shares voted Shares voted Shares for against abstained Ordinary Business 1 To receive and adopt the Report of the Directors and Audited Accounts for the 20,822,858 Nil Nil year ended 30 September 2017. 100% 2 To approve the Remuneration Policy in the form set out in the Company’s Annual 20,822,858 Nil Nil Report and Accounts for the year ended 30 September 2017. 100% 3 To approve the Remuneration Implementation Report in the form set out 20,822,858 Nil Nil in the Company’s Annual Report and Accounts for the year ended 30 September 2017. 100% 4 To re-elect Mr E.J. Beale as Director. 20,822,858 Nil Nil 100% 5 To re-elect Mr M.A. Pesco as Director. 20,822,858 Nil Nil 100% 6 To re-appoint Saffery Champness as auditor and to authorise the Directors to 20,822,858 Nil Nil determine their remuneration. 100% Special Business 7 To give the Directors general authority to issue shares for cash. 20,822,858 Nil Nil 100% 8 To give the Company or any of its subsidiaries general authority to acquire 20,822,858 Nil Nil shares 100% Johannesburg, 9 April 2018 Sponsor Sasfin Capital (a member of the Sasfin group) Date: 09/04/2018 02:09:00 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.