Implementation of Acucap Properties Limited Scheme of Arrangement and Allotment and Listing of New Growthpoint Shares Growthpoint Properties Limited REIT status approved (Incorporated in the Republic of South Africa) (Registration number 1987/004988/06) Share code: GRT ISIN ZAE000179420 (“Growthpoint”) IMPLEMENTATION OF ACUCAP PROPERTIES LIMITED (“ACUCAP”) SCHEME OF ARRANGEMENT AND ALLOTMENT AND LISTING OF NEW GROWTHPOINT SHARES Further to the joint finalisation announcement released by Growthpoint and Acucap on the Stock Exchange News Service (“SENS”) on Thursday, 12 March 2015 notifying shareholders that all conditions precedent to the acquisition by Growthpoint, by way of a scheme of arrangement (“Scheme”), of all of the issued shares in Acucap that it did not already own had been fulfilled and that, inter alia, the implementation date of the Scheme would be Tuesday, 28 April 2015. Shareholders are hereby advised that the Scheme has now been implemented and that, in consideration for the Acucap shares acquired by Growthpoint, 317,370,060 new Growthpoint shares have been allotted and listed with effect from yesterday, Tuesday, 28 April 2015. Sandton 29 April 2015 Sponsor and Investment Bank to Growthpoint Investec Bank Limited Date: 29/04/2015 10:00:00 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.