RES32-New Instrument Listing Resilient Property Income Fund Limited (Incorporated in the Republic of South Africa) (Registration No. 2002/016851/06) ISIN:ZAG000120593 Company code: BIRPIF (“Resilient”) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted Resilient the listing of its RES32 Senior Unsecured Floating Rate Notes, in terms of its ZAR4 000 000 000 Domestic Medium Term Note Programme dated 4 October 2010, as amended and/or supplemented from time to time. INSTRUMENT TYPE: Floating Rate Notes Total Notes in Issue: R2 458 000 000.00 including this issuance of Notes Instrument Code: RES32 Nominal Issued: R159 000 000.00 Issue Price: 100.00% Interest Rate: 7.625%(1.55% plus 3 month JIBAR of 6.075% as at 15 October 2014) Coupon Rate Indicator: Floating Issue Date: 20 October 2014 Interest Commencement Date: 20 October 2014 First Interest Date 20 January 2015 Last day to Register: By 17h00 on 9 January, 9 April, 9 July and 9 October Books Close: 10 January, 10 April, 10 July and 10 October Interest Payment Date(s): 20 January, 20 April, 20 July and 20 October Maturity Date: 20 October 2017 ISIN: ZAG000120593 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited 17 October 2014 Debt Sponsor Rand Merchant Bank (a division of FirstRand Bank Limited) Date: 17/10/2014 02:25:00 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.