Trading Statement FORTRESS INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2009/016487/06) JSE share codes: FFA ISIN: ZAE000141313 FFB ISIN: ZAE000141321 (Approved as a REIT by the JSE) (“Fortress”) TRADING STATEMENT In terms of the JSE Listings Requirements, property entities are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on next will differ by at least 15% from the financial results for the previous corresponding period. Linked unitholders are advised that Fortress anticipates that the combined distribution for the A and B linked units for the six months ended 31 December 2014 will be between 18% and 20% higher than for the six months ended 31 December 2013 (“previous comparable period”). Consequently, the distribution for the B linked units for the six months ended 31 December 2014 will be between 29.94 cents and 31.49 cents per B linked unit, being between 58% and 67% higher than the 18.89 cents per B linked unit for the previous comparable period. The financial results on which this trading statement is based have not been reviewed or reported on by Fortress’ auditors. The financial results for the six months ended 31 December 2014 will be published on or about 10 February 2015. 23 January 2015 Sponsor Java Capital Date: 23/01/2015 03:44:00 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.