FORTRESS REAL ESTATE INVESTMENTS LIMITED - Changes to the board of directors and board committees

Changes to the board of directors and board committees

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Formerly Fortress REIT Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
 JSE share codes:       FFA ISIN: ZAE000248498
                        FFB ISIN: ZAE000248506
Bond company code:      FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


CHANGES TO THE BOARD OF DIRECTORS AND BOARD COMMITTEES


Shareholders and noteholders are advised that Mr Ben Kodisang, an independent non-executive director, member
of the audit committee and member of the property and investment committee, has resigned from the board of
Fortress (the "Board") with effect from 8 March 2023, to focus his attention on his recently launched fund,
REimagine Social Impact Retail Fund, managed by ALT Capital Partners.

A replacement for Ben as independent non-executive director and as audit committee member will be announced
in due course. All other board committees remain duly constituted in terms of both statutory and governance
requirements subsequent to Ben's resignation.

The Board thanks Ben for his contribution to the Company and wishes him well in his future endeavours.

8 March 2023


 Lead sponsor                  Joint sponsor                                     Debt Sponsor
 Java Capital                  Nedbank Corporate and Investment Banking,         Rand Merchant Bank
                               (a division of Nedbank Limited)                   (a division of First Rand Bank Limited)
                                                                                 

Date: 08-03-2023 11:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.