ARROWHEAD PROPERTIES LIMITED - Acquisition of additional B linked units in Dipula Income Fund Limited

Acquisition of additional B linked units in Dipula Income Fund Limited

ARROWHEAD PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2011/000308/06)
JSE share code: AWA ISIN: ZAE000158101
JSE share code: AWB ISIN: ZAE000158119
(Approved as a REIT by the JSE)
(“Arrowhead”)


ACQUISITION OF ADDITIONAL B LINKED UNITS IN DIPULA INCOME FUND LIMITED


Linked unitholders are referred to the announcement released on 19 March 2014 wherein Arrowhead announced the
acquisition of 22% of the B linked units in Dipula Income Fund Limited (“Dipula”).

Linked unitholders are advised that Arrowhead has concluded a transaction to acquire a further 3 710 007 B linked units
in Dipula which acquisition will be settled by the issue of 1 706 604 A linked units (“AWA”) and 1 706 604 B linked
units (“AWB”), being a swop ratio of 0.46 AWA units and 0.46 AWB units for each Dipula B linked unit. On acquisition
of the additional Dipula B linked units, Arrowhead will hold 24.51% of Dipula’s B linked units.

14 August 2014


Corporate advisor and sponsor

Java Capital

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