ARROWHEAD PROPERTIES LIMITED - Financial effects relating to the acquisition of properties and withdrawal of cautionary

Financial effects relating to the acquisition of properties and withdrawal of cautionary

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000158101
JSE share code: AWB ISIN: ZAE000158119
(Approved as a REIT by the JSE)
(“Arrowhead” or “the company”)


FINANCIAL EFFECTS RELATING TO THE ACQUISITION OF PROPERTIES AND WITHDRAWAL OF CAUTIONARY


INTRODUCTION

Linked unitholders are referred to the announcement released on SENS on 16 October 2013 in which it was
announced that Arrowhead had concluded an agreement for the acquisition of a residential property portfolio
from Jika Properties Proprietary Limited (the “vendor”) for an aggregate purchase consideration of
R406 million (the “acquisition”).

The purpose of this announcement is to present the financial effects of the acquisition.

UNAUDITED PRO FORMA FINANCIAL EFFECTS OF THE ACQUISITION

The effect of the acquisition on Arrowhead’s distribution per A linked unit and B linked unit, earnings per
A linked unit and B linked unit, headline earnings per A linked unit and per B linked unit and net asset value
per A linked unit and B linked unit is not significant and therefore has not been disclosed.

The financial information relating to the acquisition has been extracted from the vendor’s management accounts
for the 6 month period to 31 March 2013. The management of Arrowhead is satisfied with the quality of the
information contained in these management accounts.

WITHDRAWAL OF CAUTIONARY

Arrowhead linked unitholders are advised that following the release of the financial effects of the acquisition,
caution is no longer required to be exercised by linked unitholders when dealing in their securities in the
company.

8 November 2013


Corporate advisor and sponsor

Java Capital

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