Acquisition of the Tiber Group-Fulfillment of suspensive conditions Growthpoint Properties Limited Tiber Property Group (Proprietary) Limited REIT status approved (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) (Registration Number 1999/025600/07) (Registration Number 1987/004988/06) (“TPG”) Share code: GRT ISIN ZAE000179420 (“Growthpoint”) Tiber Developments (Proprietary) Limited (Incorporated in the Republic of South Africa) (Registration Number 1994/009349/07) (“Tiber Developments”) Morningside Extension 137 (Proprietary) Limited (Incorporated in the Republic of South Africa) (Registration Number 1994/003904/07) Lot 3 of 143 Atholl (Proprietary) Limited (Incorporated in the Republic of South Africa) (Registration Number 1998/007575/07) Turbine Square Two (Proprietary) Limited (Incorporated in the Republic of South Africa) (Registration Number 2003/017105/07) (“Turbine Square”) (collectively the “Tiber Group”) ACQUISITION OF THE TIBER GROUP – FULFILLMENT OF SUSPENSIVE CONDITIONS Further to the joint announcement (“the Announcement”) released on the Securities Exchange News Service on Monday, 18 November 2013 regarding the acquisition by Growthpoint of the entire Tiber Group portfolio of properties and management business (“the Transaction”), all suspensive conditions to the Transaction, including the unconditional approval of the Competition Tribunal, have been fulfilled and the Transaction is now unconditional. By mutual agreement between Growthpoint and the Tiber Group, the effective date of the Transaction will be postponed from 1 February 2014 to 1 March 2014. Johannesburg 3 February 2014 ADVISERS TO GROWTHPOINT ADVISERS TO THE TIBER GROUP Investment Bank and Sponsor to Growthpoint Attorneys to the Tiber Group Investec Bank Limited Roodt Incorporated Attorneys and Tax Advisers to Growthpoint Independent Adviser to the Tiber Group Glyn Marais Incorporated Messrs Johan Goosen Financial Adviser to the Tiber Group Tax Advisers to Growthpoint Grant Thornton Advisory Services (Proprietary) Ernst & Young Services (Proprietary) Limited Limited Tax Advisers to the Tiber Group Werksmans Incorporated Conveyancers to the Tiber Group Messrs Tonkin Clacey INDEPENDENT ADVISERS TO THE TIBER GROUP SHAREHOLDERS Independent Attorneys to the Tiber Group shareholders Bowman Gilfillan Incorporated Independent Financial Advisers to the Tiber Group shareholders PricewaterhouseCoopers Corporate Finance (Proprietary) Limited Date: 03/02/2014 09:25:00 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.