Meikles Regulatory News (MIK)

MEIKLES LIMITED NOTICE OF THE RESULTS OF THE EXTRAORDINARY GENERAL MEETING HELD ON 27 NOVEMBER 2013 Shareholders are advised that: As a Special Resolution No. 1: That a further 4,000,000 unissued shares of thecompany be placed under the control of the directors who shall have theauthority to issue the shares to the Meikles Limited Employee Share OwnershipTrust on such terms and conditions as they deem fit, provided that the sharesbe issued at a price calculated on the basis of the weighted average price ofMeikles Limited shares over the thirty (30) days prior to the date of issue wasunanimously passed by shareholders. As a Special Resolution No. 2: The Company provides direct financial assistancein the form of loan funding to the Meikles Limited Employee Share OwnershipTrust ("The Trust") to enable the Trust to finance the subscription of up to amaximum of 28,000,000 shares in the Company (of which 8,418,510 shares havebeen issued) at a subscription price calculated on the basis of the weightedaverage of Meikles Limited shares over thirty (30) days prior to the issue,subject to the Company only providing such direct financial assistance in theform of loan funding when the Company's funds on deposit with the Reserve Bankof Zimbabwe ("RBZ") are repaid by the RBZ was unanimously passed byshareholders. As a Special Resolution No. 3: The company provides direct financial assistancein the form of loan funding to the Share Purchase Scheme - 2011 ("The Scheme")to enable The Scheme's participants' share holding company to finance thepurchase of 11,187,619 shares in the Company from the market at market prices,subject to the Company only providing such direct financial assistance in theform of loan funding when the Company's funds on deposit with the Reserve Bankof Zimbabwe ("RBZ") are repaid by the RBZ was unanimously passed by shareholders. COMPANY SECRETARYMEIKLES LIMITED

27 November 2013