ACCELERATE PROPERTY FUND LTD - Results of General Meeting

Results of General Meeting

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APF
ISIN: ZAE000185815
(“Accelerate” or “the Company”)
(REIT status approved)

RESULTS OF GENERAL MEETING

Accelerate shareholders (“Shareholders”) are referred to the announcement published on the Stock Exchange News
Service of the JSE Limited on 05 May 2015, regarding the posting of a circular (“Circular”) and notice of general meeting
of Shareholders (“General Meeting”), and are hereby advised that, at the General Meeting held on Friday, 05 June 2015,
the ordinary resolution contained in the notice of General Meeting, was passed by the requisite majority of votes of
Shareholders present in person or represented by proxy at the General Meeting.

Details of the results of voting at the General Meeting are as follows:

-    Total number of issued ordinary shares (“Shares”): 691 423 255
-    Total number of issued Shares present/represented including proxies: 654 189 746 Shares, being 94.61% of
     the total issued Shares
-    There are no Shares in issue which are held in treasury


                                         Shares voted      Shares voted      Total Shares     Total Shares          Shares
                                         for (% total        against (%             voted      voted (% of    abstained (%
                                               Shares      total Shares          (number)     total Shares        of total
                                               voted)            voted)                          in issue)       Shares in
                                                                                                                     issue)
 
Ordinary Resolution No.1: An               99.84953%          0.15047%       654 022 416        94.59075%         0.02420%
additional 80,000,000
authorised but unissued Shares to
be placed under the
control of the Directors for the
purposes of issuing such
Shares in connection with the
acquisition by Accelerate
of the entire share capital of
Parktown Crescent Properties
Proprietary Limited (“PCP”) and the
remaining 30% of the entire share
capital of Wanooka Properties
Proprietary Limited, not already
owned by PCP


Fourways
05 June 2015

Merchant bank and transaction sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Sponsor
KPMG Services Proprietary Limited

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