REBOSIS PROPERTY FUND LIMITED - Arrowhead acquisition of Rebosis shares

Arrowhead acquisition of Rebosis shares

REBOSIS PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2010/003468/06)
JSE share code: REB ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis”)


ARROWHEAD ACQUISITION OF REBOSIS SHARES


Further to the Arrowhead Properties Limited (“Arrowhead”) announcement released on the JSE Stock
Exchange News Service on 7 March 2016, shareholders of Rebosis are advised that Rebosis management
received a friendly approach from Arrowhead towards the end of 2015.

Arrowhead at the time indicated that it sees value in the high quality of Rebosis’ underlying portfolio and its
management team and assured Rebosis management that its interest is based on the yield differential that
would be enhancing to Arrowhead and that it has no intention for a take-over or control of Rebosis.

Sisa Ngebulana, Chief Executive of Rebosis commented:

“This investment affirms the view that Rebosis’ portfolio is of a superior quality, trading at an unjustifiable
discount.

“As a management team, we remain committed to our stated objective of unlocking shareholder value by
optimising Rebosis group into specialised funds with superior quality underlying assets and sector specific
management expertise.”

8 March 2016


Sponsor
Java Capital

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