Results of General Meeting AVENG LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1944/018119/06) ISIN: ZAE000111829 SHARE CODE: AEG JSE 2019 Convertible Bond Code: AEGCB JSE 2019 Convertible Bond ISIN: ZAE000194940 ("Aveng" or "the Group") RESULTS OF GENERAL MEETING Shareholders are advised that at the general meeting held today, the requisite majority of shareholders approved all the special resolutions, as set out in the notice of the general meeting. There were 416,670,931 ordinary shares in issue at the date of the general meeting. The voting results of the resolutions were as follows: Special resolution 1: Authorisation to convert Par value shares to no par value shares For Against Abstain Total Shares voted Shares voted 287 646 492 18 199 654 503 753 305 846 146 94.05% 5.95% 0.12% 73.4% Special resolution 2: Authorisation to increase authorised share capital For Against Abstain Total Shares voted Shares voted 287 747 026 18 108 835 494 038 305 855 861 94.08% 5.92% 0.12% 73.4% Special resolution 3: Authorisation to issue Aveng ordinary shares pursuant to the proposed Rights Offer in excess of 30% of share capital For Against Abstain Total Shares voted Shares voted 293 084 141 12 764 120 501 638 305 848 261 95.83% 4.17% 0.12% 73.4% By Order of the Board Michelle Nana Company Secretary 29 May 2018 JSE Sponsor UBS South Africa Proprietary Limited Date: 29/05/2018 12:52:00 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.