Results of The Annual General Meeting HOSKEN CONSOLIDATED INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1973/007111/06) (Share code: HCI & ISIN: ZAE000003257) RESULTS OF THE ANNUAL GENERAL MEETING Shareholders are hereby advised that at the annual general meeting of the Company held at 12:00 today, Monday, 22 October 2018 at the registered offices of the Company, Suite 801, 76 Regent Road, Sea Point (“AGM”), all of the resolutions were passed by the requisite majorities of the Company’s shareholders. 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 votable of votable AGM AGM AGM AGM shares shares Ordinary resolution number 1: Retirement, re- election and confirmation of appointment of directors 1.1 Mr TG Govender 99.87% 0.13% 82 500 110 96.06% 0.02% 1.2 Mr FM Magugu 96.88% 3.12% 82 500 110 96.06% 0.02% 1.3 Dr LM Molefi 98.64% 1.36% 82 500 110 96.06% 0.02% 1.4 Mr JG Ngcobo 97.22% 2.78% 82 500 110 96.06% 0.02% Ordinary resolution number 2: Re-appointment of external auditor 85.08% 14.92% 82 500 993 96.06% 0.02% Ordinary resolution number 3: Re-appointment of members of the audit and risk committee: 3.1 Mr MSI Gani 99.83% 0.17% 82 500 993 96.06% 0.02% 3.2 Dr LM Molefi 96.00% 4.00% 82 500 993 96.06% 0.02% 3.3 Mr JG Ngcobo 96.00% 4.00% 82 500 993 96.06% 0.02% Ordinary resolution number 4: General authority over authorised but unissued shares 78.77% 21.23% 82 500 993 96.06% 0.02% Non-binding advisory vote 1: Non-binding advisory vote on the Company’s remuneration policy 80.82% 19.18% 82 500 110 96.06% 0.02% Non-binding advisory vote 2: Non-binding advisory vote on the Company’s implementation report on the remuneration policy 89.56% 10.44% 82 500 110 96.08% 0.02% Special resolution number 1: General authority to issue ordinary shares, options and convertible securities for cash 83.34% 16.66% 82 351 419 95.88% 0.02% Special number 2: Approval of annual fees to be paid to non-executive directors 99.08% 0.92% 82 500 993 96.06% 0.02% Special resolution number 3: General authority to repurchase Company shares 99.63% 0.37% 82 500 110 96.06% 0.02% Special resolution number 4: Shareholders’ general authorisation of financial assistance 90.29% 9.71% 82 500 993 96.06% 0.02% Note Total number of shares in issue as at the date of the AGM is 90 126 648; total number of shares that can be exercised at the meeting is 85 886 722. Cape Town 22 October 2018 Sponsor: Investec Bank Limited Date: 22/10/2018 05:15:00 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.