GRT - Growthpoint Properties Limited - Posting of circular to Growthpoint linked

GRT - Growthpoint Properties Limited - Posting of circular to Growthpoint linked
unitholders                                                                     
Growthpoint Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004988/06)                                            
Share code: GRT     ISIN ZAE000037669                                           
("Growthpoint")                                                                 
POSTING OF CIRCULAR TO GROWTHPOINT LINKED UNITHOLDERS                           
Growthpoint linked unitholders are referred to the announcement of the audited  
results for Growthpoint for the year ended 30 June 2009 released on the         
Securities Exchange News Service of the JSE Limited on 26 August 2009.          
Growthpoint linked unitholders are advised that the circular, regarding the cash
distribution with the election to re-invest the cash distribution in return for 
Growthpoint linked units, was posted today, 28 August 2009, according to the    
timetable in that announcement.                                                 
Due to the strike by the South African Post Office that took place this week,   
Growthpoint linked unitholders may experience a delay in their receipt of the   
circular.  Meanwhile, the circular can, be viewed on the company`s website at   
www.growthpoint.co.za/Circulars.aspx.                                           
The number of linked units to which linked unitholders are entitled will be     
determined in the ratio that 58.3 cents per linked unit bears to the ratio (i.e.
the 5 day volume weighted average traded price (ex-distribution) of Growthpoint 
linked units on the JSE prior to the finalisation date). The ratio will be      
announced on the finalisation date, which will be no later than Friday, 4       
September 2009 (by 11:00).    Forms of election must be returned to             
Computershare Investor Services (Pty) Limited through post to PO Box 61051,     
Marshalltown, 2107.                                                             
28 August 2009                                                                  
Financial adviser and sponsor to Growthpoint                                    
Investec Corporate Finance                                                      
Date: 28/08/2009 17:05:01 Supplied by www.sharenet.co.za                     
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