Results of Ordinary Resolutions Passed by Shareholders of the Company Sephaku Holdings Limited (Incorporated in the Republic of South Africa) (Registration number: 2005/003306/06) Share code: SEP ISIN: ZAE000138459 (“SepHold” or "the Company") RESULTS OF ORDINARY RESOLUTIONS PASSED BY SHAREHOLDERS OF THE COMPANY Shareholders are referred to the announcement released on SENS on 13 December 2019 regarding the submission of ordinary resolutions for consideration by written consent of shareholders, in terms of section 60 of the Companies Act, 2008 (Act 71 of 2008), as amended (“the Act”), in order to authorise the board of directors to issue the Company’s shares pursuant to a proposed rights offer. Shareholders are advised that the ordinary resolutions were approved and adopted by the Company in terms of section 60(2) of the Act. The number of shares voted in person or by proxy was 107 342 299, representing 51.55% of the total issued ordinary share capital of the Company of 208 216 175. Resolutions: % of votes for % of votes % of votes the Resolution against the abstained based on the Resolution number of shares voted Ordinary resolution number 1: Approval of the issue of shares by the 100 Nil Nil Company Ordinary resolution number 2: Authority to implement 100 Nil Nil The Company will, by no later than Friday, 31 January 2020, distribute a statement of these results to shareholders recorded in the Company’s register as at Friday, 6 December 2019, being the record date, in accordance with section 60(4) of the Act. Centurion 17 January 2020 _________________________________________________________________________________________________ Enquiries contact: Sakhile Ndlovu Sephaku Holdings Investor Relations 012 612 0210 Sponsor to Sephaku Holdings: Questco Corporate Advisory (Pty) Ltd About Sephaku Holdings Limited Sephaku Holdings Limited (“SepHold”) is a building and construction materials company with a portfolio of investments in the cement sector in South Africa. The company’s core investments are a 36% stake in Dangote Cement South Africa (Pty) Ltd (Sephaku Cement) and 100% in Métier Mixed Concrete (Pty) Ltd. The strategy of SepHold is to generate growth and realise value for shareholders through the production of cement and ready mixed concrete in Southern Africa. www.sephakuholdings.com Date: 17-01-2020 11:29:00 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.