Results Of Annual General Meeting Distribution and Warehousing Network Limited (Incorporated in the Republic of South Africa) (Registration number 1984/008265/06) Share code: DAW & ISIN code: ZAE000018834 ("DAWN" or the “Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that at the Annual General Meeting (“AGM”) of DAWN shareholders held today on Friday, 31 August 2018, all resolutions required to be passed in order to approve the proposed resolutions were passed by the requisite majority of shareholders. Details of the results of the AGM are as follows: - total number of shares in issue (excluding treasury shares) that could have been voted at the AGM: 586 713 008; and - total number of shares present in person or by proxy was 372 438 836, representing 63.48% of the total shares in issue that could have been voted. Number of % of For Against Abstained, in relation to shares voted total total shares in issue Resolution proposed shares voted Shares % Shares % Shares % Ordinary Resolution Number 1: Re-appointment and ratification of appointment of directors . Ordinary resolution number 1.1 371 741 601 63.36% 371 741 601 100% 0 0% 697 235 0.12% George Nakos . Ordinary resolution number 1.2 371 741 601 63.36% 341 792 346 91.94% 29 949 255 8.06% 697 235 0.12% Steve Naudé Ordinary Resolution Number 2: Appointment of audit committee members for the year ending 31 March 2019 . Ordinary resolution number 2.1 371 741 601 63.36% 371 741 601 100% 0 0% 697 235 0.12% Charles Boles . Ordinary resolution number 2.2 371 741 601 63.36% 371 741 601 100% 0 0% 697 235 0.12% Dinga Mncube . Ordinary resolution number 2.3 371 741 601 63.36% 371 741 601 100% 0 0% 697 235 0.12% Steve Naudé Ordinary Resolution Number 3 Non-binding advisory endorsement of the remuneration policy and the remuneration implementation report: . Ordinary resolution number 3.1 371 741 601 63.36% 371 710 081 99.99% 31 520 0.01% 697 235 0.12% To approve, as a non-binding advisory vote, the company’s remuneration policy for the year ending 31 March 2019 . Ordinary resolution number 3.2 371 741 601 63.36% 371 710 081 99.99% 31 520 0.01% 697 235 0.12% To approve, as a non-binding advisory vote, the company’s remuneration implementation report for the year ended 31 March 2018 Ordinary Resolution Number 4 371 741 601 63.36% 232 995 640 62.68% 138 745 961 37.32% 697 235 0.12% Authorising the directors to allot and issue authorised but unissued ordinary shares Ordinary Resolution Number 5 371 741 601 63.36% 371 741 601 100% 0 0% 697 235 0.12% Authorising the directors to implement the special and ordinary resolutions Special Resolution Number 1 371 741 401 63.36% 371 741 401 100% 0 0% 697 435 0.12% Approval of non-executive directors’ fees Special Resolution Number 2 371 741 401 63.36% 341 792 146 91.94% 29 949 255 8.06% 697 435 0.12% Authority to provide financial assistance in terms of section 44 of the Companies Act Special Resolution Number 3 371 741 401 63.36% 371 741 401 100% 0 0% 697 435 0.12% Authority to provide financial assistance in terms of section 45 of the Companies Act Johannesburg 31 August 2018 Sponsor: Deloitte & Touche Sponsor Services Proprietary Limited Date: 31/08/2018 02:47:00 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.