Results of the 2016 AGM and EGM

AGM RESOLUTIONS

For

%*

Against

%*

Vote withheld

All of the Resolutions are ordinary resolutions

1. To receive and adopt the financial statements for the year ended 30 June 2016, with the reports of the directors and auditors thereon.

255,556,598

99%

2,447,000

1%

635,000

2. To re-appoint Mr Michel Casselman as a Director of the Company.

256,057,466

99%

2,571,132

1%

10,000

3. To re-appoint Mr Ian Lydall as a Director of the Company.

256,057,466

99%

2,571,132

1%

10,000

4. To re-appoint PricewaterhouseCoopers (Hong Kong) as independent auditor to the Company and to authorise the Directors to determine their remuneration.

256,181,598

99%

2,447,000

1%

10,000

EGM RESOLUTIONS

For

%

Against

%

Vote withheld

1. Special Resolution that the Company continue as currently constituted.

4,682,882

2%

250,847,455

98%

10,000

2. Ordinary Resolution to adopt the revised investing policy and continuation policy, and adopt the reinstated Investment Management Agreement.

223,201,399

87%

32,328,938

13%

10,000

3. Ordinary Resolution adopt the revised distribution policy.

142,733,464

56%

112,796,873

44%

10,000

4. Special Resolution that the Articles be and are hereby amended in order to facilitate the orderly realisation of the Company's property portfolio, and (b) to provide an alternative mechanism for returning the net realisation proceeds to Shareholders by redesignating the issued Ordinary Shares into redeemable ordinary shares and allowing the Company to perform compulsory redemptions of Ordinary Shares.

142,733,464

56%

112,796,873

44%

10,000

5. Special Resolution to redesignate the existing Ordinary Shares of the Company into redeemable shares.

Note voted as Resolution 4 was not passed

-

Not voted as Resolution 4 was not passed

-

-