Results of the Adjourned General Meeting GRAND PARADE INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1997/003548/06) Share code: GPL ISIN: ZAE000119814 (“GPI” or “the Company”) RESULTS OF THE ADJOURNED GENERAL MEETING Shareholders are hereby advised that the results of the voting at the adjourned general meeting of the Company held at 18h30 on Wednesday, 5 December 2018 at the Samaj Centre, Balu Parker Boulevard, Athlone, Cape Town (“GM”), are as follows: Votes Votes for against resolution resolution Number of Number of as a as a shares shares percentage percentage voted at GM abstained of total of total as a as a Resolutions number of number of Number of percentage percentage proposed at the shares shares shares of shares in of shares in GM voted at GM voted at GM voted at GM issue issue Ordinary resolution number 1: Removal of A Abercrombie as Director 47.19% 52.81% 349 461 689 74.35% 0.01% Ordinary resolution number 2: Removal of Prof W Geach as Director 48.32% 51.68% 349 297 593 74.32% 0.05% Ordinary resolution number 3: Removal of R A Hargey as Director 60.70% 39.30% 349 459 841 74.35% 0.01% Ordinary resolution number 4: Removal of Dr N V Maharaj as Director 48.32% 51.68% 349 264 455 74.31% 0.05% Ordinary resolution number 5: Removal of N Mlambo as Director 60.74% 39.26% 349 424 641 74.34% 0.02% Ordinary resolution number 6: Re- appointment of A Abercrombie as Director withdrawn withdrawn withdrawn withdrawn withdrawn Ordinary resolution number 7: Re- appointment of Prof withdrawn withdrawn withdrawn withdrawn withdrawn W Geach as Director Ordinary resolution number 8: Re- appointment of R A Hargey as Director 38.15% 61.85% 349 453 079 74.35% 0.01% Ordinary resolution number 9: Re- appointment of Dr N V Maharaj as Director withdrawn withdrawn withdrawn withdrawn withdrawn Ordinary resolution number 10: Re- appointment of N Mlambo as Director 37.44% 62.56% 346 270 980 73.67% 0.03% Ordinary resolution number 11: Appointment of C Fernandez as Director 47.17% 52.83% 348 716 391 74.19% 0.12% Ordinary resolution number 12: Appointment of M Bowman as Director 60.83% 39.17% 349 004 153 74.25% 0.11% Ordinary resolutions number 13: Appointment of R van Dijk as Director 60.75% 39.25% 349 156 425 74.29% 0.03% Ordinary resolution number 14: Appointment of S Mafoyane as Director 47.08% 52.92% 349 044 731 74.26% 0.10% Note (1) Total number of shares in issue as at the date of the GM was 470 022 741. (2) Ordinary resolutions numbers 6, 7 and 9 have been withdrawn as a result of ordinary resolutions numbers 1, 2 and 4 being voted against at the GM. Cape Town 6 December 2018 Sponsor PSG Capital Date: 06/12/2018 12:55:00 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.