Results of Annual General Meeting INDEQUITY GROUP LIMITED Incorporated in the Republic of South Africa Registration number 1999/010069/06 Share code: IDQ ISIN: ZAE000016606 (“Indequity” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Indequity held today (“AGM”), all the resolutions as set out in the notice of annual general meeting, except for “Resolution number 3: To approve that KPMG Services Proprietary Limited provide JSE sponsor services to Indequity, although KPMG Inc. are the auditors of the group” which was withdrawn at the AGM, were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 19 919 544, representing 52.58% of the total issued share capital of the same class of Indequity shares. The resolutions proposed at the meeting, together with the percentage of shares abstained, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes % of votes carried for the against the % of shares Resolution resolution resolution abstained Resolution number 1: To adopt the annual financial statements 99.99% 0.01% 0.00% Resolution number 2: To appoint KPMG Inc., with M Danckwerts as audit partner, as auditors until the next annual general meeting and authorise the directors to determine and pay the auditors’ remuneration. 99.99% 0.01% 0.00% Resolution number 4: To re-elect AV van Jaarsveldt as non-executive director. 99.99% 0.01% 0.00% Resolution number 5: To elect G Williamson, JF Zwarts and A van Jaarsveldt as members of the Audit and Risk Committee. 99.99% 0.01% 0.00% Resolution number 6: To elect G Williamson, JF Zwarts, A van Jaarsveldt and L Jansen van Rensburg as members of the Social and Ethics Committee. 99.99% 0.01% 0.00% Special resolution number 1: Repurchase of shares 99.99% 0.01% 0.00% Special resolution number 2: Directors remuneration 99.99% 0.01% 0.00% Special resolution number 3: Financial assistance 99.99% 0.01% 0.00% Ordinary resolution number 1: To place the unissued shares of the Company under the control of the directors. 99.99% 0.01% 0.00% Ordinary resolution number 2: To issue shares or sell treasury shares for cash 99.99% 0.01% 0.00% Ordinary resolution number 3: Authority to sign documents 99.99% 0.01% 0.00% Ordinary resolution number 4: Authorisation of remuneration policy 99.99% 0.01% 0.00% Johannesburg 16 January 2019 Sponsor Merchantec Capital Date: 16/01/2019 05:00:00 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.