Results of adjourned meeting of the holders of all of the notes issued under the ZAR31 910 000 000 domestic medium The South African National Roads Agency SOC Limited Incorporated in the Republic of South Africa (Registration number 1998/009584/30) Company code: BINRA (“SANRAL” or the “Issuer”) RESULTS OF ADJOURNED MEETING OF THE HOLDERS OF ALL OF THE NOTES ISSUED UNDER THE ZAR31 910 000 000 DOMESTIC MEDIUM TERM NOTE PROGRAMME Noteholders are referred to the notice of adjourned meeting of the holders of all of the notes issued under SANRAL’s ZAR 31 910 000 000 domestic medium term note programme memorandum dated 14 April 2014 (“Programme Memorandum”) and guaranteed by the Government of the Republic of South Africa, pertaining to the amendment of the Programme Memorandum and the replacement of the existing guarantee, dated 17 May 2018 (“Notice of Adjourned Meeting”). Capitalised terms and expressions used in this announcement and not otherwise defined herein, shall have the meanings ascribed to such terms and expressions in the Programme Memorandum and the Notice of Adjourned Meeting. Pursuant to the Notice of Adjourned Meeting and in accordance with Condition 20.2 of the Programme Memorandum, a meeting of Noteholders was held on 6 June 2018, at the office of Werksmans Attorneys, The Central, 96 Rivonia Road, Sandton, at which the following Extra Ordinary Resolutions were approved by the requisite majority. Resolution Value of Notes Percentage Percentage Percentage Abstentions voted of Notes of Notes of Notes voted voted voted “For” “Against” Extra R17 122 417 467 69.71% 99.11% 0.89% 0.00% Ordinary Resolution 1: Issuance of Amended and Restated Programme Memorandum Extra R17 104 417 467 69.63% 100.00% 0.00% 0.00% Ordinary Resolution 2: Replacement of the Existing Guarantee with the New Guarantee Notes: - Percentage of Notes voted is calculated in relation to the total nominal amount of all Notes in issue. - Percentages of Notes voted “For” and “Against” each Extra Ordinary Resolution are calculated in relation to the total nominal amount of the Notes voted in respect of such Extra Ordinary Resolution. - Abstentions are calculated as a percentage in relation to the total nominal amount of all Notes in issue. Johannesburg 6 June 2018 Debt Sponsor One Capital Date: 06/06/2018 03:03:00 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.