Growthpoint's exposure to African Bank Ltd Growthpoint Properties Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) (Registration number 1987/004988/06) Share code: GRT ISIN ZAE000179420 (“Growthpoint”) UPDATE REGARDING GROWTHPOINT’S EXPOSURE TO AFRICAN BANK LIMITED Further to the announcements released by African Bank Limited (“ABIL”) on the Stock Exchange News Service on Wednesday, 6 August 2014 and Thursday, 7 August 2014 regarding ABIL’s trading update for the quarter ended 30 June 2014 and a notice of application for business rescue of ABIL’s wholly-owned subsidiary Ellerine Furnishers Proprietary Limited, Growthpoint wishes to confirm that its overall exposure to the ABIL group is immaterial. Growthpoint’s exposure to the ABIL group comprises approximately 0.70% of the total gross rental income of Growthpoint’s South African property portfolio (excluding the V&A Waterfront), which exposure is comprised as follows: Ellerine African Bank ABIL group Office 0.01% 0.00% 0.01% Retail 0.78% 0.13% 0.91% Industrial 1.96% 0.00% 1.96% Total ABIL exposure (% of Growthpoint total gross rental income) 0.66% 0.04% 0.70% The V&A Waterfront has no exposure to the ABIL group. Sandton 11 August 2014 Sponsor to Growthpoint Investec Bank Limited Date: 11/08/2014 02:12:00 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.