Withdrawal of cautionary announcement ANNUITY PROPERTIES LIMITED (formerly Niqsha Beleggings CC) (Incorporated in the Republic of South Africa) (Registration Number 2011/145994/06) Share code: ANP ISIN: ZAE000165643 (“Annuity”) WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT Linked unit holders are referred to the cautionary announcement dated 25 February 2013 regarding the proposed acquisition of the Clearwater Office Park by Annuity (“Proposed Acquisition”) and are hereby advised that discussions relating to the Proposed Acquisition have been terminated by mutual agreement. Accordingly, the cautionary announcement is now withdrawn and linked unit holders are no longer required to exercise caution when dealing in their Annuity linked units. Annuity remains committed to aggressively growing its property portfolio through the acquisition of assets that compliment the quality of its existing underlying property portfolio, in a manner that is consistent with Annuity’s growth and investment strategy. Illovo 8 April 2013 Lead Investment Bank and Transaction Sponsor to Annuity Investec Bank Limited Joint Investment Bank to Annuity Sasfin Capital (A division of Sasfin Bank Limited) Sponsor to Annuity Rand Merchant Bank A division of FirstRand Bank Limited) Date: 08/04/2013 02:15:00 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.