Results of General Meeting and Update Regarding the Transaction EOH HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/014669/06) Share code: EOH ISIN: ZAE000071072 (“EOH”) RESULTS OF GENERAL MEETING AND UPDATE REGARDING THE TRANSACTION Unless otherwise defined, capitalised words and terms contained in this announcement shall bear the meanings ascribed thereto in the circular to EOH shareholders dated Monday, 20 August 2018 (“Circular”). 1. INTRODUCTION Shareholders are referred to the Circular relating to, inter alia, the proposed strategic partnership and BEE transaction to be concluded between EOH and Lebashe (the “Transaction”). 2. RESULTS OF VOTING AT THE GENERAL MEETING Shareholders are advised that, at the General Meeting held on Tuesday, 18 September 2018, all of the Resolutions were adopted by the requisite majorities. Shareholders holding 111 677 518 EOH Ordinary Shares, constituting 73.09% of the total EOH Ordinary Shares in issue (including Treasury Shares), were present in person or represented by proxy at the General Meeting. EOH confirms the voting statistics for each Resolution, as follows: EOH Ordinary Shares voted Votes for Votes against Abstentions Special Resolution 1: 111 644 418 89.99% 10.01% 0.02% Approval of the creation of 73.07% EOH A Shares Special Resolution 2: 111 644 418 89.99% 10.01% 0.02% Authorisation for the 73.07% amendment of the EOH MOI Special Resolution 3: 111 644 418 89.99% 10.01% 0.02% Authority to issue the 73.07% Capitalisation Shares in terms of section 41(3) of the Companies Act Ordinary Resolution 1: 111 379 374 89.97% 10.03% 0.02% Approval of the specific 72.89% issue of the Subscription EOH Ordinary Shares in terms of paragraph 5.51 of the Listings Requirements Ordinary Resolution 2: 111 379 374 89.97% 10.03% 0.02% Approval of the specific 72.89% issue of the Subscription EOH A Shares in terms of paragraph 5.51 of the Listings Requirements Ordinary Resolution 3: 111 379 374 89.97% 10.03% 0.02% Approval of the specific 72.89% issue of the Capitalisation Shares in terms of paragraph 5.51 of the Listings Requirements Ordinary Resolution 4: 111 379 374 81.94% 18.06% 0.02% Approval of the specific 72.89% issue of the Subscription Undertaking Shares in terms of paragraph 5.51 of the Listings Requirements Notes: 1. EOH Ordinary Shares voted on a Resolution are disclosed as (i) a number and (ii) a percentage of the total number of EOH Ordinary Shares in issue (including Treasury Shares). 2. EOH Ordinary Shares voted for and against a Resolution are disclosed as a percentage of the total number of EOH Ordinary Shares voted in respect of that Resolution. 3. EOH Ordinary Shares in respect of which there were abstentions from voting on a Resolution are disclosed as a percentage of the total number of EOH Ordinary Shares in issue (including Treasury Shares). 4. All percentages have been rounded to two decimal places. 3. UPDATE REGARDING THE TRANSACTION As Shareholders have approved the Transaction, the only outstanding Condition Precedent to the implementation of the Transaction is the filing of the New EOH MOI with the CIPC, which is administrative in nature. Further details regarding fulfilment of this Condition Precedent will be published on SENS in due course. Johannesburg 19 September 2018 Corporate Advisor and Transaction Sponsor to EOH on the Transaction One Capital Attorneys to EOH on the Transaction Cliffe Dekker Hofmeyr Inc. Date: 19/09/2018 07:05:00 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.