Results Of The Annual General Meeting AFRICAN DAWN CAPITAL LIMITED Incorporated in the Republic of South Africa (Registration number: 1998/020520/06) Share code: ADW ISIN Code: ZAE000223194 (“Afdawn” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 10:00 today, Tuesday, 4 September 2018 at the offices of BDO, 9TH Floor, 119-123 Hertzog Boulevard, Foreshore, Cape Town (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. Details of the results of the voting at the AGM are as follows: Votes Votes for against resolution resolution as a as a Number of Number of percentage percentage shares shares of total of total voted at abstained number of number of Number of AGM as a as a Resolutions shares shares shares percentage percentage proposed at the voted at voted at voted at of shares in of shares in AGM AGM AGM AGM issue issue Ordinary resolution number 1: Re-election of Ms V Lessing as a director 99.73% 0.27% 10 705 596 48.83% 0.02% Ordinary resolution number 2: Re-appointment of Ms H Hickey to the audit and risk committee 99.73% 0.27% 10 705 596 48.83% 0.02% Ordinary resolution number 3: Re-appointment of Ms V Lessing to the audit and risk committee 99.73% 0.27% 10 705 596 48.83% 0.02% Ordinary resolution number 4: Re-appointment of Mr S Roper to the audit and risk committee 99.73% 0.27% 10 705 596 48.83% 0.02% Ordinary resolution number 5: Re-appointment of the independent registered auditor 100.00% 0.00% 10 705 596 48.83% 0.02% Ordinary resolution number 6: Non-Binding endorsement of the Company’s remuneration policy 99.73% 0.27% 10 705 512 48.83% 0.02% Ordinary resolution number 7: General authority to issue ordinary shares for cash 99.73% 0.27% 10 705 371 48.83% 0.02% Special resolution number 1: Approval of the non- executive directors’ remuneration 100.00% 0.00% 10 676 512 48.70% 0.15% Special resolution number 2: General approval to acquire own shares 100.00% 0.00% 10 676 346 48.69% 0.15% Special resolution number 3: Inter-company Financial Assistance 100.00% 0.00% 10 676 346 48.69% 0.15% Special Resolution number 4: Financial assistance for acquisition of shares in a company or inter- related company 100.00% 0.00% 10 676 346 48.69% 0.15% Johannesburg 4 September 2018 Designated Advisor PSG Capital Date: 04/09/2018 12:20:00 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.