Result of EGM

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 the
company be placed under the control of the directors who shall have the
authority to issue the shares to the Meikles Limited Employee Share Ownership
Trust on such terms and conditions as they deem fit, provided that the shares
be issued at a price calculated on the basis of the weighted average price of
Meikles Limited shares over the thirty (30) days prior to the date of issue was
unanimously passed by shareholders.

As a Special Resolution No. 2: The Company provides direct financial assistance
in the form of loan funding to the Meikles Limited Employee Share Ownership
Trust ("The Trust") to enable the Trust to finance the subscription of up to a
maximum of 28,000,000 shares in the Company (of which 8,418,510 shares have
been issued) at a subscription price calculated on the basis of the weighted
average of Meikles Limited shares over thirty (30) days prior to the issue,
subject to the Company only providing such direct financial assistance in the
form of loan funding when the Company's funds on deposit with the Reserve Bank
of Zimbabwe ("RBZ") are repaid by the RBZ was unanimously passed by
shareholders.

As a Special Resolution No. 3: The company provides direct financial assistance 
in the form of loan funding to the Share Purchase Scheme - 2011 ("The Scheme") 
to enable The Scheme's participants' share holding company to finance the 
purchase 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 the 
form of loan funding when the Company's funds on deposit with the Reserve Bank 
of Zimbabwe ("RBZ") are repaid by the RBZ was unanimously passed by shareholders.

COMPANY SECRETARY
MEIKLES LIMITED

27 November 2013