Results of Annual General Meeting Putprop Limited Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN: ZAE000072310 (“Putprop” or “the Company” or “the Group”) RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of Putprop held on 8 November 2018, 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 34 965 454, representing 78% of the total issued share capital of the same class of Putprop shares. The number of shares which abstained from voting was 27 151 representing 0.06% of the total issued share capital of the same class of Putprop shares. The resolutions proposed at the meeting, 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 Resolution resolution resolution Ordinary resolution number 1: Re-election of Director To re-elect Daniele Torricelli who, in terms of Article 25.7 of the Company’s Memorandum of Incorporation, retires by rotation. 99.99 0.01 Ordinary resolution number 2: Confirmation of appointment of Director To confirm the appointment of Gerrit Van Heerden with effect from 1 July 2018. 99.99 0.01 Ordinary resolution number 3: Confirmation of appointment of Director To confirm the appointment of Rene Styber with effect from 1 July 2018. 99.99 0.01 Ordinary resolution number 4: Election of independent non- executive Directors to the Audit and Risk Committee 4.1 To appoint Hayden Hartley as a member and Chairperson of the Putprop Audit and Risk Committee. 99.99 0.01 4.2 To appoint Daniele Torricellli as a member of the Putprop Audit and Risk Committee, subject to the approval of ordinary resolution number 1. 99.99 0.01 4.3 To appoint Gerrit Van Heerden as a member of the Putprop Audit and Risk Committee, subject to the approval of ordinary resolution number 2. 99.99 0.01 4.4 To appoint Rene Styber as a member of the Putprop Audit and Risk Committee, subject to the approval of ordinary resolution number 3. 99.99 0.01 Ordinary resolution number 5: Re-appointment of external auditor 99.99 0.01 Ordinary resolution number 6: Advisory endorsement of remuneration policy and implementation report 6.1 Endorsement of remuneration policy. 99.99 0.01 6.1 Endorsement of implementation report. 99.99 0.01 Ordinary resolution number 7: Control of authorised but unissued ordinary shares. 95.65 4.35 Ordinary resolution number 8: Approval to issue ordinary shares, and to sell treasury shares, for cash. 91.06 8.94 Ordinary resolution number 9: Signature of documents. 99.99 0.01 Special resolution number 1: Approval of the non-executive Directors’ remuneration. 99.99 0.01 Special resolution number 2: General approval to acquire shares. 95.41 4.59 Special resolution number 3: Financial assistance for subscription of securities. 95.41 4.59 Special resolution number 4: Loans or other financial assistance to directors. 95.40 4.60 Johannesburg 8 November 2018 Sponsor Merchantec Capital Date: 08/11/2018 05:15:00 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.