Trading Statement INGENUITY PROPERTY INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/018084/06) ISIN: ZAE 000127411 JSE share code: ING (“Ingenuity” or “the company”) TRADING STATEMENT In terms of the JSE Limited Listings Requirements, companies are required to publish a trading statement as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different than that of the previous corresponding period or a profit forecast previously provided for such period. In light of the above, Ingenuity expects earnings per share (“EPS”) for the six months ended 28 February 2013 to be between 195% to 205% higher than the prior comparative period. This was due to the comparative EPS being materially impacted by the increase in the effective capital gains tax rate calculated on the revaluation of investment properties. Headline EPS for the six months ended 28 February 2013 is expected to be the same as the prior comparative period. The above information has not been reviewed or reported on by the company’s auditors and the company’s results for the six months ended 28 February 2013 are expected to be published on or about 10 May 2013. Cape Town 8 May 2013 Sponsor Nedbank Capital Date: 08/05/2013 01:45:00 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.