Trading statement PUTPROP LIMITED Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN: ZAE000072310 (“Putprop”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the year ended 30 June 2013 by management has indicated that the earnings per share is expected to be between 163.6 cents and 184.4 cents and the headline earnings per share is expected to be between 79.4 cents and 94.2 cents, compared to the earnings per share of 104.4 cents and the headline earnings per share of 74.1 cents for the year ended 30 June 2012. The difference in the financial results for the year ended 30 June 2013 compared to the previous corresponding period is primarily due to the substantially higher fair value adjustment on properties in the 2013 financial year, which has a strong effect on both earnings per share and on headline earnings per share. The financial information on which this trading statement is based has not been reviewed or reported on by Putprop’s auditors. Putprop's financial results are expected to be released on SENS on or about 18 September 2013. Johannesburg 13 August 2013 Sponsor Merchantec Capital Date: 13/08/2013 05:45:00 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.