Appointment of Chief Executive Officer Fountainhead Property Trust A Collective Investment Scheme in property registered in terms of the Collective Investment Schemes Control Act, No.45 of 2002 and managed by Fountainhead Property Trust Management Limited (Registration number 1983/003324/06) Share code: FPT ISIN code: ZAE000097416 ("Fountainhead") APPOINTMENT OF CHIEF EXECUTIVE OFFICER In terms of Section 3.59(a) of the JSE Limited Listings Requirements, Fountainhead unitholders are advised that Redefine Properties Limited (“Redefine”) has appointed Mr Len van Niekerk as Chief Executive Officer of Fountainhead, effective 18 June 2013. The acting Chief Executive Officer, Mr Alex Phakathi will resume his role as Acquisitions and Disposals Executive at Redefine from 01 July 2013. Alex will remain with Fountainhead for the month of June to ensure a smooth handover. Len previously, was the Managing Director of SA Corporate Real Estate Fund and holds a Bachelor of Commerce Honours from the University of Johannesburg. He has a total of 16 years investment experience, including being a rated listed property analyst at Standard Bank and head of quoted property at Old Mutual Investment Group South Africa. Johannesburg 18 June 2013 Sponsor The Standard Bank of South Africa Limited Date: 18/06/2013 09:08:00 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.