Macau Property Regulatory News (MPO)

Resolution

Votes For / Discretionary

% of Vote

Against

% of Vote

Withheld

% of Vote

Ordinary business

1. To receive and adopt the audited accounts, the Directors' Report, and the Auditor's Report for the year ended 30 June 2017.

57,482,091

100%

0

0.00%

0

0.00%

2. To approve the Directors' Remuneration Report for the year ended 30 June 2017.

57,477,839

99.99%

4,252

0.01%

0

0.00%

3. To re-appoint Ernst & Young LLP, who have indicated their willingness to act, as auditors of the Company to hold office until the conclusion of the next Annual General Meeting of the Company.

57,401,879

99.92%

43,200

0.07%

37,012

0.01%

4. To authorise the Directors to determine the remuneration of Ernst & Young LLP.

57,460,245

99.96%

21,846

0.04%

0

0.00%

5. To re-appoint Christopher Russell, who retires as a Director of the Company, in accordance with Article 20.3 of the Articles of Incorporation of the Company (the "Articles").

57,427,485

99.91%

54,606

0.09%

0

0.00%

6. To re-appoint Wilfred Woo, who retires as a Director of the Company, in accordance with Article 20.3 of the Articles.

57,482,091

100%

0

0.00%

0

0.00%

7. To re-appoint Alan Clifton, who retires as a Director of the Company, in accordance with the AIC Code.

57,161,329

99.44%

44,406

0.08%

276,356

0.48%

8. To re-appoint Thomas Ashworth, who retires as a Director of the Company, in accordance with the AIC Code and UKLA Listing Rules 15.2.12A(1) and 15.2.13A.

56,438,246

98.18%

1,043,845

1.82%

0

0.00%

Special business

9. That the Company in accordance with Section 315 of The Companies (Guernsey) Law, 2008 (as amended) (the "Law") be approved to make market purchases (as defined in Section 316 of the Law) of its own ordinary shares either for retention as treasury shares or for cancellation, provided that:

(i) the maximum number of ordinary shares authorised to be purchased is the lower of 11,457,301 ordinary shares and 14.99 per cent of the ordinary shares in issue immediately following the passing of this resolution;

(ii) the minimum price which may be paid for an ordinary share is £0.01;

(iii) the maximum price which may be paid for an ordinary share is an amount equal to the higher of: (a) 105 percent of the average of the middle market quotations for an ordinary share as derived from the London Stock Exchange Daily Official List for the five Business Days immediately preceding the day on which that ordinary share is purchased; and (b) either the higher of the price of the last independent trade and the highest current independent bid at the time of purchase;

(iv) subject to paragraph (v) below, such authority shall expire at the next annual general meeting of the Company unless such authority is varied, revoked or renewed prior to such date by a special resolution of the Company in general meeting;

(v) notwithstanding paragraph (iv), the Company may make a contract to purchase ordinary shares under such authority prior to its expiry which will or may be executed wholly or partly after its expiration and the Company may make a purchase of ordinary shares pursuant to any such contract.

57,477,839

99.99%

4,252

0.01%

0

0.00%