FOUNTAINHEAD PROPERTY TRUST - Proposal by Redefine Properties Limited (Redefine) to acquire additional Fountainhead units

Proposal by Redefine Properties Limited (“Redefine”) to acquire additional Fountainhead units

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")


PROPOSAL BY REDEFINE PROPERTIES LIMITED (“REDEFINE”) TO ACQUIRE
ADDITIONAL FOUNTAINHEAD UNITS


Fountainhead unitholders (“Unitholders”) are referred to the respective Redefine and
Fountainhead announcements published on the Securities Exchange New Service of the
JSE Limited (“SENS”) on 2 October 2013 wherein it was advised, inter alia, that Redefine
proposes acquiring up to an additional 250 million Fountainhead units in return for 110
Hyprop Investments Limited (“Hyprop”) units for every 1 000 Fountainhead units acquired by
Redefine.

Redefine has now ascertained that Hyprop registered a prospectus at the time of Hyprop’s
listing and as such the requirement that the minimum number of Fountainhead units
acquired by Redefine from any single vendor of Fountainhead units (acting as principal) of
135 000 Fountainhead units is no longer required.

As a result of such clarification and in order to afford Unitholders the opportunity to
participate in Redefine’s proposal, Redefine proposes amending its initial proposal set out in
the 2 October 2013 SENS announcement on the following basis:

- the minimum number of Fountainhead units to be acquired by Redefine from any single
  vendor of Fountainhead units acting as principal will be 1 000 Fountainhead units and
  thereafter in multiples of 1 000 Fountainhead units (in return for 110 Hyprop units for
  every 1 000 Fountainhead units acquired by Redefine); and

- Redefine’s proposal to acquire additional Fountainhead units will remain open until the
  earlier of (i) close of business on Thursday, 24 October 2013 and (ii) Redefine notifying
  the market over SENS of the withdrawal of its proposal.

Redefine reserves the right, at its election, to withdraw, amend or modify the proposal at any
time.

The beneficial owner of any Fountainhead units who wishes to transact with Redefine on
the aforesaid basis should contact Redefine’s appointed broker for the purpose of the
transaction, being RMB Stockbroking Operations (Proprietary) Limited (Ref: Gavin van Wyk,
telephone: +27 11 282-8907, email: gavin.vanwyk@rmb.co.za).

Any queries in regard to the proposal may be addressed to Kevin Joselowitz or Warren
Lawlor on +27 11 283-0042/283-0079 or by email on fountainhead@javacapital.co.za.



Johannesburg
17 October 2013

Sponsor
The Standard Bank of South Africa Limited
This announcement does not constitute or form part of an offer to purchase securities. This
announcement does not and is not intended to constitute an offer to the public in South
Africa in terms of the South African Companies Act 71 of 2008 (the “Companies Act”).
Neither this announcement nor any copy of it may be taken, transmitted or distributed,
directly or indirectly in or into the United States, Canada, Australia or Japan or any other
country or territory where it is unlawful to do so.

Date: 17/10/2013 05:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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