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GRT - Growthpoint Properties Limited - Announcement of distribution reinvestment ratio and confirmation of finalisation information Growthpoint Properties Limited (Incorporated in the Republic of South Africa) (Registration number 1987/004988/06) Linked unit code: GRT ISIN ZAE000037669 ("Growthpoint") ANNOUNCEMENT OF DISTRIBUTION REINVESTMENT RATIO AND CONFIRMATION OF FINALISATION INFORMATION Further to the announcement of the declaration of the cash distribution and distribution reinvestment alternative included in Growthpoint`s annual results ("Results Announcement") released on the Securities Exchange News Service on Wednesday, 23 February 2011 and in the press on Thursday, 24 February 2011, the ratio applicable to Growthpoint linked unitholders electing the distribution reinvestment alternative and recorded in the register on Friday, 18 March 2011, equates to 3.9444 Growthpoint linked units for every 100 Growthpoint linked units held ("Ratio"). The price of R16.20 on which the Ratio is based is a 1.3% discount to the 5 day volume weighted average price (ex the distribution for the half year ended 31 December 2010 of 63.9 cents) as at the close of business on Thursday, 3 March 2011. The price also equates to a cum price of R16.81 which is a discount of 1.2% to the 5 day volume weighted average price of R17.01 and a discount of 2.0% to the closing price of R17.15 on 3 March 2011. Included in the R16.20 is an antecedent divestiture of 28.7 cents per linked unit for the period 1 January 2011 to 22 March 2011 in respect of the 2011 final distribution period 1 January 2011 to 30 June 2011. The salient dates, timetable and all other information relating to the cash distribution and distribution reinvestment alternative disclosed in the Results Announcement remain unchanged. 4 March 2011 Sponsor and Investment Bank to Growthpoint Investec Corporate Finance Date: 04/03/2011 12:58:01 Supplied by www.sharenet.co.za 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.
