Results of Annual General Meeting and Availability of B-BBEE Annual Compliance Report ISA HOLDINGS LIMITED Incorporated in the Republic of South Africa (Registration number 1998/009608/06) Share code: ISA ISIN: ZAE000067344 (“ISA” or “the Company”) RESULTS OF ANNUAL GENERAL MEETING AND AVAILABILITY OF B-BBEE ANNUAL COMPLIANCE REPORT RESULTS OF ANNUAL GENERAL MEETING: Shareholders are advised that, at the annual general meeting of ISA held today, all the resolutions as set out in the notice of annual general meeting were passed by the requisite majority of shareholders. The number of shares voted in person or by proxy was 101 499 160, representing 59.50% of the total issued share capital of the same class of ISA shares. The number of shares which abstained from voting was 80 756, representing 0.05% of the total issued share capital of the same class of ISA shares. The resolutions proposed at the annual general meeting, as well as the percentage of votes carried for and against each resolution, are set out below: % of votes carried for the % of votes against Resolution resolution the resolution Ordinary resolution number 1: To receive, consider and adopt the annual financial statements 100.00% - of the Company and group for the financial year ended 28 February 2018 Ordinary resolution number 2: To confirm the appointment of Priscilla Mogoboya as Financial 100.00% 0.00%* Director Ordinary resolution number 3: To approve the re-election as director of Alan Naidoo who 100.00% 0.00%* retires by rotation Ordinary resolution number 4: To approve the re-election as director of Desmond Seaton who 99.99% 0.01% retires by rotation Ordinary resolution number 5: To approve the appointment of Desmond Seaton as a member 99.99% 0.01% and Chairperson of the Audit and Risk Committee Ordinary resolution number 6: To approve the appointment of Denzil Perreira as a member of 99.99% 0.01% the Audit and Risk Committee Ordinary resolution number 7: To approve the appointment of Nhlanhla Maphothi as a member 99.99% 0.01% of the Audit and Risk Committee Ordinary resolution number 8: To confirm the re-appointment of Mazars as auditors of the 100.00% 0.00%* Company together with Miles Fisher as the individual registered auditor for the ensuing financial year Ordinary resolution number 9: Control of authorised but unissued ordinary shares 99.99% 0.01% Ordinary resolution number 10: Approval to issue ordinary shares, and to sell treasury shares, 100.00% 0.00%* for cash Ordinary resolution number 11: Signature of documents 99.99% 0.01% Ordinary resolution number 12: Non-binding advisory vote to endorse the Company’s - - remuneration policy and implementation report Ordinary resolution number 12.1: Endorsement of the Company’s remuneration policy 99.99% 0.01% Ordinary resolution number 12.2: Endorsement of the Company’s implementation report 99.99% 0.01% Special resolution number 1: Approval of the non-executive directors’ remuneration for the 99.99% 0.01% ensuing financial year Special resolution number 2: General approval to acquire shares 100.00% 0.00%* Special resolution number 3: Financial assistance for subscription of securities 99.99% 0.01% Special resolution number 4: Loans or other financial assistance to directors and inter-related 99.99% 0.01% companies *Rounded to two decimal places. B-BBEE ANNUAL COMPLIANCE REPORT: Shareholders are further advised that ISA’s annual compliance report in terms of Section 13G(2) of the Broad-Based Black Economic Empowerment Amendment Act No. 46 of 2013, is available on the Company’s website at www.isaholdings.co.za. Johannesburg 25 July 2018 Designated Adviser Merchantec Capital Date: 25/07/2018 04:50:00 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.