Results of dividend election and issue of new shares MAS Real Estate Inc. Registered in the British Virgin Islands Registration number 1750199 Registered as an external company in the Republic of South Africa Registration number 2010/000338/10 SEDOL (XLUX): B96VLJ5 SEDOL (ALTX): B96TSD2 JSE share code: MSP ISIN: VGG5884M1041 (“MAS” or the “Company”) RESULTS OF DIVIDEND ELECTION AND ISSUE OF NEW SHARES Shareholders are referred to the previous announcements, the last of which was released on 31 October 2014, in respect of the Company’s final dividend of 1.24 euro cents per share for the sixteen month period ended 30 June 2014 (the “Dividend”). The Company hereby announces that a total of 1 367 283 new shares (“New Shares”) were listed on Friday, 21 November 2014 on both the Euro MTF market of the Luxembourg Stock Exchange (“LuxSE”) and the Alternative Exchange of the JSE Limited (“JSE”) and were issued to those shareholders who did not elect to receive the Dividend in cash (“Cash Dividend”). The New Shares will rank pari passu in every respect with existing listed shares of the Company and are fully fungible with effect from listing. Following the issue of the New Shares in the Company, the total issued share capital of the Company will increase to 290 602 608 ordinary shares. Certificated shareholders who did not elect to receive the Cash Dividend should note that share certificates were posted to shareholders on Friday, 21 November 2014. Cheques in respect of the Cash Dividend were dispatched on Friday, 21 November 2014 to shareholders who elected to receive the Cash Dividend. Dematerialised shareholders should note that the CREST, CSDP and Broker accounts holding dematerialised shares are in the process of being credited, according to the elections made. MAS has its primary listing on the Euro MTF Market of the LuxSE and a secondary listing on the Alternative Exchange of the JSE. 21 November 2014 For further information please contact: Helen Cullen, Company Secretary, MAS Real Estate Inc. +44 1624 625000 Java Capital, South African corporate advisor and JSE Sponsor +27 11 2830042 Charl Brand, M Partners S.à r.l., Luxembourg +352 263 868 602 Date: 21/11/2014 11:30:00 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.