REBOSIS PROPERTY FUND LIMITED - Public sales process update

Public sales process update

REBOSIS PROPERTY FUND LIMITED (IN BUSINESS RESCUE)
Incorporated in the Republic of South Africa
(Registration number: 2010/003468/06)
JSE share code: REA ISIN: ZAE000240552
JSE share code: REB ISIN: ZAE000201687
(Approved as a REIT by the JSE)
(“Rebosis” or the “Company” or the “Group”)

PUBLIC SALES PROCESS UPDATE

Shareholders are referred to the announcement released by the Company on 15 August 2023 which
provided an extended timetable for Preferred Bidders.

Following approval by Secured Creditors, the timetable in relation to the Standard Bank Portfolio
Properties has been further extended as set out below:

 Remaining PSP Milestones                              Extended date       Secured Creditor
                                                                           approved further
                                                                           extended date

 Selection of Final Purchaser(s) and conclusion of
 Final Sale Agreement(s) (Standard Bank Portfolio      28 August 2023       4 September 2023
 Properties)


Capitalised terms used in this announcement are as defined in the Rebosis Business Rescue Plan
published on 17 March 2023, unless otherwise stated.



29 August 2023


Joint BRPs:                            Phahlani Mkhombo and Jacques du Toit

Advisors to the Joint BRPs:            Java Capital Proprietary Limited, Black Acres Proprietary
                                       Limited, Deloitte & Touche

Legal Advisors to the Joint BRPs:      Cliffe Dekker Hofmeyr Inc.

Sponsor to Rebosis:                    Nedbank Corporate and Investment Banking, a division of
                                       Nedbank Limited

Date: 29-08-2023 04:45:00
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