FOUNTAINHEAD PROPERTY TRUST - CAUTIONARY ANNOUNCEMENT

CAUTIONARY ANNOUNCEMENT

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

CAUTIONARY ANNOUNCEMENT

Unitholders of Fountainhead (“Unitholders”) are referred to the announcements released on the Securities
Exchange News Service of the JSE Limited on 30 March 2012 and 26 July 2012, respectively.

Unitholders are advised that following the implementation of the acquisition by Redefine Properties
Limited (“Redefine”) of the management company of Fountainhead (“the Acquisition”) on 1 August 2012,
Fountainhead and Redefine have entered into formal discussions relating to an offer by Redefine to
acquire all of the assets of Fountainhead in return for a combination of Redefine units and units in Hyprop
Investments Limited.

Accordingly, Unitholders are advised to exercise caution when dealing in their Fountainhead units until
further announcements are made in this regard.

Cape Town
8 August 2012

By order of the Board
Fountainhead Property Trust Management Limited

Sponsor
The Standard Bank of South Africa Limited

Date: 10/08/2012 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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