Acquisition of Redefine North Wharf Cape Town Trematon Capital Investments Limited (Incorporated in the Republic of South Africa) Registration number 1997/008691/06 Share code: TMT ISIN: ZAE000013991 ("Trematon" or "the company") ACQUISITION OF REDEFINE NORTH WHARF, REMAINING EXTENT OF ERF 149298 CAPE TOWN 1. Introduction Shareholders are advised that Trematon via Arbitrage Property Fund (Pty) Ltd (“Arbitrage”), its 67% held subsidiary, has entered into an agreement in terms of which it has acquired the remaining extent of Erf 149298 Cape Town known as Redefine North Wharf, Cape Town (“the property”) from Redefine Properties Ltd. 2. Details of the property The property, formerly known as “The Spearhead” is situated at 42 Hans Strijdom Avenue, Cape Town, and comprises both office and retail space totalling 5,274 square metres. 3. Rationale for the acquisition The company identified the acquisition as an appropriate investment in terms of the strategy of the Trematon group, which is to grow its portfolio of long term investment properties through the acquisition of well-located properties where the company can add value by unlocking the full commercial potential of the asset. 3. Terms of the acquisition 3.1 The vendor The property has been purchased from Redefine Properties Ltd. Redefine is not a related party in terms of the Listings Requirements of the JSE. 3.2 Terms and purchase consideration Arbitrage has acquired the property for an amount of R50 506 000 or R9,576 per square metre acquired (“purchase price”). The purchase price is payable in cash on 2 the effective date and will be funded by Arbitrage by a combination of cash and borrowings. 3.3 Conditions precedent The acquisition is subject to the completion of a due diligence process which is normal for a transaction of this nature and the finalisation of suitable finance of a portion of the purchase price. 4. Effective date The effective date of the acquisition is the date of transfer of the units into the name of Arbitrage which is expected to take place on or about 30 November 2014. 5. Financial effects The acquisition will not have a significant effect on the earnings and headline earnings or net asset value and tangible net asset value of the company. 6. Categorisation This announcement is published in terms of the JSE Listings Requirements as the acquisition constitutes a category 2 transaction for the company. 11 September 2014 Cape Town Sponsor Sasfin Capital (a division of Sasfin Bank Limited) (a division of Sasfin Bank Limited) Date: 11/09/2014 12:45:00 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.