FOUNTAINHEAD PROPERTY TRUST - Reconciliation of headline earnings

Reconciliation of headline earnings

Fountainhead Property Trust
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No.45 of 2002 and managed by Fountainhead
Property Trust Management Limited
(Registration number 1983/003324/06)
Share code: FPT
ISIN code: ZAE000097416
("Fountainhead")


RECONCILIATION OF HEADLINE EARNINGS PER SHARE

Unitholders are referred to the to the summary of the audited final results of Fountainhead for the
11 months ended 31 August 2013, released on the Stock Exchange News Service of the JSE
Limited on 10 October 2013.


The reconciliation of headline earnings per share in terms of financial information included in the
announcement, are set out below:

Headline earnings reconciliation                                2013              2012
                                                              (R’000)           (R’000)
Profit for the period                                         767 530           935 359
Profit on disposal of investment property                          (49)         (11 786)
Fair value adjustments to investment properties               (66 385)         (242 179)
Headline earnings                                              701 096           681 394

Headline earnings per share (cents)                              60.30             58.60



Johannesburg
30 October 2013


Sponsor
The Standard Bank of South Africa Limited

Date: 30/10/2013 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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