Notice of an acquisition of a beneficial interest in securities Acucap Properties Limited (Incorporated in the Republic of South Africa) (Registration number 2001/021725/06) Share code: ACP ISIN: ZAE000037651 (Approved as a REIT by the JSE) (“Acucap”) NOTICE OF AN ACQUISITION OF A BENEFICIAL INTEREST IN SECURITIES Holders of linked units in Acucap (“Linked Unitholders and Linked Units”, respectively) are referred to the announcements released by Growthpoint Properties Limited (“Growthpoint”) on 14 April 2014 and by Acucap and Sycom Property Fund on 16 April 2014 wherein Linked Unitholders were advised that Growthpoint had concluded agreements to acquire, in aggregate, 34.90% of all the issued Linked Units, to be settled in in various tranches. Further to the announcement released by Acucap on 29 April 2014, Linked Unitholders are hereby advised that the acquisition by Growthpoint of a second tranche of Linked Units, resulting in Growthpoint increasing their holding in Acucap to 30.48% of the issued Linked Units, has now been settled. Accordingly, in compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008, as amended, and paragraph 3.83(b) of the JSE Limited Listings Requirements, Linked Unitholders are hereby advised that Acucap has received notification from Growthpoint in terms of section 122(1)(a) that, following the settlement of a second tranche of Linked Units acquired, Growthpoint now has a 30.48% beneficial interest in Acucap (previously, 28.80%). Cape Town 8 May 2014 Sponsor Questco (Pty) Ltd Date: 08/05/2014 02:11:00 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.