Acquisition of 50% interest in Hibernian Towers, Strand, Western Cape Trematon Capital Investments Limited (Incorporated in the Republic of South Africa) Registration number 1997/008691/06 Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the company") ACQUISITION OF 50% INTEREST IN HIBERNIAN TOWERS, STRAND, WESTERN CAPE 1. Introduction Shareholders are advised that Trematon, via its 50% beneficial interest in the Resi Investment Trust (“Resi”), has entered into agreements in terms of which it has purchased a selection of apartments in a development, known as Hibernian Towers, in the Strand, Western Cape (“the property”)(“the acquisition”). 2. Details of the property The property is situated on the Strand beachfront and comprises sectional title apartments. 3. Rationale for the acquisition The company identified the transaction as an appropriate investment to realise capital profits over the medium to long- term, whilst increasing its exposure in the residential property market. 3. Terms of the acquisition 4.1 The vendor The property was purchased from Quaypower Properties Limited (UK). 4.2 Terms and purchase consideration Resi acquired the property for a purchase consideration of R62.8 million (including vat) paid in cash on 25 February 2013. Trematon’s portion of the investment is R31.4 million which represents its 50% interest. The full purchase consideration will be funded from borrowings. 2 There are no outstanding conditions precedent. Effective date The effective date of the acquisition is the date of transfer of the property into the name of the Resi Investment Trust which is expected to be on or about 8 April 2013. Financial information The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company. This announcement is published in terms of the JSE Listings Requirements as the acquisition constitutes a category 2 transaction for the company. 26 February 2013 Cape Town Sponsor Sasfin Capital (a division of Sasfin Bank Limited) Date: 26/02/2013 10:30:00 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.