Results of the Annual General Meeting eMEDIA HOLDINGS LIMITED (formerly Seardel Investment Corporation Limited) (Incorporated in the Republic of South Africa) Registration number: 1968/011249/06 JSE share code: Ordinary Shares EMH IZIN: ZAE000208898 N ordinary Shares EMN IZIN: ZAE000209524 ("eMEDIA HOLDINGS" or the "GROUP") RESULTS OF THE ANNUAL GENERAL MEETING 1. INTRODUCTION eMedia ordinary shareholders and N-ordinary shareholders (collectively, the "eMedia Shareholders") are advised that at the Annual General Meeting (“AGM”) of eMedia held on Monday 22nd October 2018, all the resolutions, as set out in the notice of AGM and proposed at the meeting were passed, without modification, by the requisite majority of eMedia Shareholders. 2. RESULTS OF THE VOTING AT THE ANNUAL GENERAL MEETING The resolutions were voted on as follows: % of issued Number of shares share capital Total number of shares Ords 81% 5 456 305 000 present/represented including proxies at meeting (including N Ords 5% 342 296 357 shares abstained from voting) Number of votes (one vote per share) For Against Abstain ORDINARY RESOLUTIONS 1.1 Re-election of director: Mr L Govender Ords 5 410 461 900 45 593 100 250 000 99.16% 0.84% 0% N Ords 341 262 645 963 696 70 016 99.72% 0.28% 0% 1.2 Re-election of director: Mr TG Ords 5 410 461 900 45 593 100 250 000 Govender 99.16% 0.84% 0% N Ords 341 262 604 963 737 70 016 99.72% 0.28% 0% 1.3 Re-election of director: Mr A Lee Ords 5 456 055 000 - 250 000 100% 0% 0% N Ords 342 226 341 - 70 016 100% 0% 0% 1.4 Re-election of director: Mr A van der Ords 5 456 055 000 - 250 000 Veen 100% 0% 0% N Ords 342 226 300 - 70 057 100% 0% 0% 1.5 Re-election of director: Mr Y Shaik Ords 5 410 461 900 45 593 100 250 000 99.16% 0.84% 0% N Ords 341 262 604 963 696 70 057 99.72% 0.28% 0% 2. Re-appointment of auditor: Grant Ords 5 410 461 900 45 593 100 250 000 Thornton Jhb Partnership 99.16% 0.84% 0% N Ords 341 332 661 963 696 - 99.72% 0.28% 0% 3.1.Appointment of audit committee - Ords 5 410 461 900 45 593 100 250 000 Mr L Govender 99.16% 0.84% 0% N Ords 341 262 604 963 737 70 016 99.72% 0.28% 0% 3.2 Appointment of audit committee - Mr Ords 5 456 055 000 - 250 000 V E Mphande 100% 0% 0% N Ords 342 226 341 - 70 016 100% 0% 0% 3.3 Appointment of audit committee - Ords 5 456 055 000 - 250 000 Ms R D Watson 100% 0% 0% N Ords 342 226 341 - 70 016 100% 0% 0% 4. General authority over unissued Ords 5 138 158 900 317 896 100 250 000 shares 94.17% 5.83% 0% N Ords 331 310 073 10 986 284 - 96.79% 3.21% 0% 5. Directors authority to implement Ords 5 456 055 000 - 250 000 company resolutions 100% 0% 0% N Ords 342 296 357 - - 100% 0% 0% 6. Non-binding resolution 1 Advisory Ords 5 410 461 900 45 593 100 250 000 endorsement of remuneration policy 99.16% 0.84% 0% N Ords 336 272 952 5 953 389 70 016 98.26% 1.74% 0% 7. Non-binding resolution 2 Advisory Ords 5 410 461 900 45 593 100 250 000 endorsement of implementation report 99.16% 0.84% 0% N Ords 339 136 100 3 090 241 70 016 99.10% 0.90% 0% SPECIAL RESOLUTIONS 1. General authority issue shares, Ords 5 213 044 000 243 011 000 250 000 options and convertible securities for 95.55% 4.45% 0% cash N Ords 332 273 769 10 022 588 - 97.07% 2.93% 0% 2. Approval of annual fees to be paid to Ords 5 456 055 000 - 250 000 non- executive directors 100% 0% 0% N Ords 339 433 127 2 863 230 - 99.16% 0.84% 0% 3. General authority to repurchase Ords 5 410 461 900 45 593 100 250 000 company shares 99.16% 0.84% 0% N Ords 341 332 620 963 737 - 99.72% 0.28% 0% 23 October 2018 Cape Town Sponsor and Corporate Adviser Investec Bank Limited Date: 23/10/2018 04:55:00 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.