TORONTO, April 30, 2018 (GLOBE NEWSWIRE) --
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
Fairfax Africa Holdings Corporation (TSX:FAH.U) is pleased to announce the results of the vote on Directors at its April 25, 2018 Annual Shareholders’ Meeting.
Each of the nominee directors listed in the Corporation’s management proxy circular dated March 9, 2018 was elected as a director, without a vote by ballot being conducted. The Corporation received proxies with regard to voting on the nine directors nominated for election, directing as set forth in the table below:
| Name of Nominee | Vote For (Aggregate) | % | Withhold Vote (Aggregate) | % | Vote For (Subordinate Voting Shares) | % | Withhold Vote (Subordinate Voting Shares) | % |
| Hisham Ezz Al-Arab | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
| Christopher D. Hodgson | 1,390,383,578 | 100.0 | 1,500 | 0.0 | 11,315,878 | 99.99 | 1,500 | 0.01 |
| Quinn McLean | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
| Ndidi Okonkwo Nwuneli | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
| Richard Okello | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
| Paul C. Rivett | 1,390,384,078 | 100.0 | 1,000 | 0.0 | 11,316,378 | 99.99 | 1,000 | 0.01 |
| V. Prem Watsa | 1,390,384,078 | 100.0 | 1,000 | 0.0 | 11,316,378 | 99.99 | 1,000 | 0.01 |
| Michael Wilkerson | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
| Louis von Zeuner | 1,390,384,578 | 100.0 | 500 | 0.0 | 11,316,878 | 100.0 | 500 | 0.0 |
About Fairfax Africa
Fairfax Africa is an investment holding company whose objective is to achieve long-term capital appreciation, while preserving capital, by investing in public and private equity securities and debt instruments of African businesses or other businesses with customers, suppliers or business primarily conducted in, or dependent on, Africa.
| For further information, contact: | Guy Bentinck, Chief Financial Officer and Corporate Secretary (416) 646-4181 | |