CASTLEVIEW PROPERTY FUND LIMITED - Trading statement

Trading statement

CASTLEVIEW PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/290413/06)
JSE share code: CVW
ISIN: ZAE000251633
(Approved as a REIT by the JSE)
("Castleview" or "the Company")


TRADING STATEMENT


Shareholders are referred to previous announcements regarding:

-    the acquisition of multiple directly and indirectly held property assets from I Group Investments
     Proprietary Limited (the "Acquisition");
-    the change in Castleview's financial year-end from 28 February to 31 March; and
-    the specific issue of shares for cash to various related parties and to the Womens Soccer League
     Proprietary Limited (the "Specific Issue").

Following the change of the Company's financial year-end, Castleview confirms that it will not be paying a
dividend for the 12 months ended 28 February 2023 and will instead pay a dividend for the 13 month financial
year ended 31 March 2023.

Following the implementation of the Acquisition and the Specific Issue, Castleview expects the dividend per
share ("DPS") for the 13 month financial year ended 31 March 2023 to be between 14.00 and 18.00 cents per
share, being between 59.8% and 68.7% lower than the DPS of 44.74 cents per share for the financial year
ended 28 February 2022.

Castleview's interim results for the 12 months ended 28 February 2023 will be published on or about 7 June
2023, and the results for the financial year ended 31 March 2023 will be published on or about 22 June 2023.

The financial information on which this trading statement is based has not be reviewed or audited by the
Company's auditors.

5 June 2023


Designated advisor
Java Capital

Date: 05-06-2023 05:05:00
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.