Stock Exchange News Service

Amendment to publication of dealings in securities by directors, the company secretary & an associate of a director

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
Registered as an external company in the Republic of South Africa
Registration number 2010/000338/10
SEDOL (EMTF): B96VLJ5
SEDOL (JSE): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or the “Company”)


AMENDMENT TO PUBLICATION OF DEALINGS IN SECURITIES BY DIRECTORS, THE COMPANY SECRETARY AND BY 
AN ASSOCIATE OF A DIRECTOR OF MAS


Shareholders are advised that following the announcement made on 12 October 2017 (the
“12 October Announcement”), the Company was informed of two errors (the “Publication Errors”) relating to
the numbers of new MAS shares received by Morné Wilken and Jonathan Knight, both being directors of the
Company, pursuant to a final distribution for the year ended 30 June 2017.

As a result, the Company wishes to publish the following in relation to new MAS shares received by Morné
Wilken and Jonathan Knight. This announcement is merely a correction of the Publication Errors contained
in the 12 October Announcement and does not constitute a notification of additional transactions being
concluded by Persons Discharging Managerial Responsibilities as defined in the EU Market Abuse
Regulation.

 1. Details of the person discharging managerial responsibilities/person closely associated
 a) Name                        Morné Wilken
 2. Reason for the notification
 a) Position / status           Director
 b) Initial notification /      Initial notification
    amendment
 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or
    auction monitor
 a) Name                        MAS Real Estate Inc.
 b) LEI                         213800T1TZPGQ7HS4Q13
 4. Details of the transaction(s)
    section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each
    date; and (iv) each place where transactions have been conducted
 a) Description of the         Ordinary Shares
    financial instrument, type
    of instrument
    Identification code         ISIN: VGG5884M1041
 b) Nature of the transaction   Receipt of ordinary shares in terms of the default option under the
                                distribution election
 c) Price(s) and volume(s)      Price(s)                                                   Volume(s)
                                Price per Security: ZAR 26.41325                           1,181
 d) Aggregated information
    — Aggregated volume         1,181
    — Price                     ZAR 26.41325
 e) Date of the transaction     11-10- 2017
 f) Place of the transaction    Outside trading venue


 Name of director:                                    Morné Wilken
 Transaction date:                                    6 October 2017
 Class of securities:                                 Ordinary shares
 Number of securities:                                1,181
 Price per security:                                  ZAR 26.41325
 Total value of transaction:                          ZAR 31 220.4615
 Nature of transaction:                               Off-market receipt of ordinary shares in terms of the
                                                      default option under the distribution election
 Nature and extent of director's interest:            Direct beneficial
 Clearance to deal received:                          Yes


 1. Details of the person discharging managerial responsibilities/person closely associated
 a) Name                        Jonathan Knight
 2. Reason for the notification
 a) Position / status           Director
 b) Initial notification /      Initial notification
    amendment
 3. Details of the issuer, emission allowance market participant, auction platform, auctioneer or
    auction monitor
 a) Name                        MAS Real Estate Inc.
 b) LEI                         213800T1TZPGQ7HS4Q13
 4.   Details of the transaction(s)
      section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each
      date; and (iv) each place where transactions have been conducted
 a)   Description of the         Ordinary Shares
      financial instrument, type
      of instrument
      Identification code        ISIN: VGG5884M1041
 b)   Nature of the transaction  Receipt of ordinary shares in terms of the default option under the
                                 distribution election
 c)   Price(s) and volume(s)     Price(s)                                                   Volume(s)
                                 Price per Security: EUR 1.667935                           10183
 d)   Aggregated information
      — Aggregated volume        10,183
      — Price                    EUR 1.667935
 e)   Date of the transaction    11-10-2017
 f)   Place of the transaction   Outside trading venue

MAS holds a dual primary listing on the Main Board of the JSE and the Euro MTF market of the LuxSE.


16 October 2017

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                        +44 1624 625000
Java Capital, JSE Sponsor                                                    +27 11 722 3050
Charl Brand, M Partners, Luxembourg                                          +352 263 868 602

Date: 16/10/2017 05:01:00 
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