Stellar \Amalgamated - Results of Scheme Meeting Stellar Capital Partners Amalgamated Electronic Limited Corporation Limited (Incorporated in the Republic (Incorporated in the Republic of South Africa) of South Africa) (Registration number (Registration number 1998/015580/06) 1997/010036/06) Share code: SCP Share Code: AER ISIN: ZAE000198586 ISIN: ZAE000070587 (“Stellar Capital”) (“Amecor”) RESULTS OF SCHEME MEETING Further to the announcements released on SENS on 14 September 2016 and 16 September 2016 (and using the terms defined therein unless otherwise stated), shareholders are advised that, at the Scheme Meeting of Amecor held today, convened in terms of the notice of Scheme Meeting to shareholders dated 14 September 2016, the resolutions to approve, inter alia, the Scheme proposed by the Board between Amecor and its Shareholders in terms of which Stellar Capital, or its nominee, will acquire all the Scheme Shares for the Scheme Consideration, were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 67 640 194, representing 86.74% of the total issued share capital of the same class of Amecor shares. The number of shares which abstained from voting was 1 158, representing 0.001% of the total issued share capital of the same class of Amecor shares. The resolutions proposed at the Scheme Meeting, together with the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for against the Resolution the resolution resolution Special Resolution Number 1: Approval of the Scheme 100% - Special Resolution Number 2: Revocation of Special Resolution Number 1 if Scheme lapses and is not continued 100% - Ordinary Resolution Number 1: Authorisation of directors 100% - Cape Town and Johannesburg 12 October 2016 Financial adviser and sponsor to Stellar Capital RAND MERCHANT BANK (A division of FirstRand Bank Limited) Sponsor Merchantec Capital Date: 12/10/2016 05:38:00 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.