Results of Annual General Meeting Conduit Capital Limited Incorporated in the Republic of South Africa (Registration number 1998/017351/06) Share code: CND ISIN: ZAE000073128 (“Conduit Capital”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Conduit Capital held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 83 445 120, representing 32.51% of the total issued share capital of the same class of Conduit Capital shares. The resolutions proposed at the annual general meeting, as well as the percentage of votes carried for and against each resolution, together with the percentage of shares abstained, are set out in the table below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained To receive, consider and adopt the annual financial statements of the Company and Group for the financial 100 - 0.05851 year ended 31 August 2014 To approve the re-election as director of Mr Reginald Selwyn Berkowitz who retires by rotation 99.99988 0.00012 0.05851 To approve the re-election as director of Mr Stephen Richard Bruyns who retires by rotation 100 - 0.05851 To approve the appointment of Mr Günter Zeno Steffens as member and Chairman of the Audit 100 - 0.05851 Committee To approve the appointment of Mr Stephen Richard Bruyns as member of the Audit Committee 100 - 0.05851 To approve the appointment of Mr Scott MacGibbon Campbell as member of the Audit Committee 100 - 0.05851 To confirm the re-appointment of Grant Thornton as auditors of the Company, together with Mr David Reuben being the individual registered auditor for the 100 - 0.05851 ensuing financial year Special resolution number 1: Approval of the Non- executive Directors’ remuneration 99.99988 0.00012 0.05851 Ordinary resolution number 1: Approval of the remuneration policy 99.99988 0.00012 0.05851 Ordinary resolution number 2: Control of authorised but unissued ordinary shares 74.78938 25.21062 0.05851 Special resolution number 2: General approval to acquire shares 88.01595 11.98405 0.05851 Special resolution number 3: Loans or other financial assistance to subsidiaries and other related or inter- 100 - 0.05855 related companies Ordinary resolution number 3: Signature of documents 100 - 0.05851 Johannesburg 2 March 2015 Sponsor Merchantec Capital Date: 02/03/2015 01:45:00 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.