Result of Dividend Re-Investment Alternative 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”) RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 27 August 2014 and 5 September 2014 relating to the declaration and finalisation of the final cash dividend of 82.80 cents (“Cash Dividend”) per Growthpoint share and the dividend re-investment alternative (“Share Alternative”). Shareholders holding 1,253,485,777 Growthpoint shares or 54.8% of Growthpoint’s issued shares qualifying to receive the dividend elected to receive the Share Alternative, resulting in the issue of 42,221,311 new ordinary shares of no par value and the retention of R1,022 million (based on the discounted issue price of R24.20 for the new shares) in new equity for Growthpoint. Accordingly, a Cash Dividend of R857.2 million is payable today in respect of 1,035,214,600 Growthpoint shares. Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted today and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted tomorrow, Tuesday, 23 September 2014, to certificated shareholders at their risk. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders will be credited on Tuesday, 23 September 2014 with their new shares, in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements. 22 September 2014 Sandton Sponsor and Investment Bank to Growthpoint Investec Bank Limited Date: 22/09/2014 11:18:00 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.