FAIRVEST PROPERTY HOLDINGS LIMITED - Issuing and listing of new linked units

Issuing and listing of new linked units

Fairvest Property Holdings Limited
(Incorporated in the Republic of South Africa)
Registration Number: 1998/005011/06
Linked unit code: FVT
ISIN Code: ZAE000034658
(“Fairvest” or “the Company”)

ISSUING AND LISTING OF NEW LINKED UNITS

Linked unitholders are referred to the Company’s SENS announcement dated
13 November 2012 and to the Company’s circular to linked unitholders dated
5 October 2012 and are advised that 203 252 033 new ordinary linked units
were issued today by the Company at a price of R1.23 per ordinary linked
unit, raising in aggregate R250 million, and were listed on the JSE.

The new linked units were issued in terms of the specific issue for cash
authority approved by linked unitholders at the Company’s general meeting
on 5 November 2012 and not in terms of a vendor consideration placement,
as referred to in the abovementioned SENS announcement.

3 December 2012
Cape Town


PSG Capital (Proprietary) Limited: Sponsor and corporate adviser
Java Capital (Proprietary) Limited: Transaction adviser and bookrunner

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