Vukile Acquisition implemented, disclosure of acquisition of securities Fairvest Property Holdings Limited Incorporated in the Republic of South Africa (Registration number: 1998/005011/06) Linked unit code: FVT ISIN: ZAE000034658 (“the Company”) VUKILE ACQUISITION IMPLEMENTED, DISCLOSURE OF ACQUISITION OF SECURITIES 1. VUKILE ACQUISITION IMPLEMENTED 1.1. Linked unitholders are referred to the Company’s SENS announcements dated 10 October 2013, 22 November 2013 and 24 December 2013, regarding the acquisition by the Company from Vukile Property Fund Limited (“Vukile”) and Vukile’s subsidiary, MICC Properties Proprietary Limited (“MICC”), of a portfolio of retail properties (“Acquisition Portfolio”)(“Vukile Acquisition”). 1.2. Linked unitholders are further referred to the the Company’s circular to linked unitholders dated 22 November 2013, regarding the Vukile Acquisition. 1.3. As indicated in the Company’s SENS announcement dated 24 December 2013, at the Company’s general meeting on the same date, linked unitholders passed all resolutions required for the approval of the Vukile Acquisition and for the accompanying acquisition issue of new linked units to Vukile and MICC in consideration for the Acquisition Portfolio (“Acquisition Issue”). 1.4. Linked unitholders are advised that registration of transfer to the Company of the final property in the Acquisition Portfolio, occurred on Thursday, 30 January 2014, with the corresponding acquisition linked units being issued by the Company and listing today, 31 January 2014. All of the properties forming part of the Acquisition Portfolio have now been acquired by the Company and the Vukile Acquisition has accordingly now been implemented. 1.5. The Company confirms that a total of 167 873 969 ordinary linked units were issued to Vukile and MICC in terms of the Acquisition Issue at an issue price of R1.40 per Acquisition Linked Unit. Following the issuing of the abovementioned acquisition linked units, the Company’s issued linked unit capital has increased to 527 636 276 ordinary linked units. 2. DISCLOSURE OF ACQUISITION OF SECURITIES In accordance with section 122(3)(b) of the Companies Act, No 71 of 2008 and paragraph 3.83(b) of the Listings Requirements of the JSE Limited, linked unitholders are hereby advised that the Company has today received formal notification, in the prescribed form, that: 2.1. Vukile has acquired a beneficial interest in securities of the Company, such that the total beneficial interest in the securities of the Company held by Vukile amounts to 7.58% of the total issued ordinary linked unit capital of the Company; and 2.2. MICC has acquired a beneficial interest in securities of the Company, such that the total beneficial interest in the securities of the Company held by MICC amounts to 24.64% of the total issued ordinary linked unit capital of the Company. 31 January 2014 Cape Town Sponsor and Corporate Adviser: PSG Capital Date: 31/01/2014 05:30:00 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.