Acquisition of Ascension linked units and withdrawal of cautionary REBOSIS PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2010/003468/06) JSE share code: REB ISIN: ZAE000156147 (Approved as a REIT by the JSE) (“Rebosis” or “the company”) ACQUISITION OF ASCENSION LINKED UNITS AND WITHDRAWAL OF CAUTIONARY Linked unitholders are referred to the announcement released on SENS on Tuesday, 24 June 2014 wherein linked unitholders were advised that Rebosis has acquired 28 001 628 A linked units and 82 575 341 B linked units in Ascension Properties Limited (“Ascension”) (the “Ascension linked units”) from Delta Property Fund Limited for a consideration of R4.76 per Ascension A linked unit and R2.61 per Ascension B linked unit. The acquisition of the Ascension linked units follows Rebosis’ acquisition of Ascension’s management company and significantly increases Rebosis’ strategic stake in Ascension. The acquisition of the Ascension linked units is classified as a Category 2 transaction in terms of the JSE Listings Requirements and, as such, is not subject to approval by Rebosis’ linked unitholders. The effects of the acquisition of the Ascension linked units on Rebosis’ net asset and net tangible asset value per linked unit, basic and diluted earnings per linked unit, headline and diluted headline earnings per linked unit and distribution per linked unit are not significant (less than 3%) and are therefore not required to be disclosed. Rebosis linked unitholders are advised that caution is no longer required to be exercised by Rebosis linked unitholders when dealing in their Rebosis linked units. 25 June 2014 Corporate advisor and sponsor Java Capital Legal advisor to Rebosis Cliffe Dekker Hofmeyr Date: 25/06/2014 04:34:00 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.