Results of annual general meeting SA Corporate Real Estate Fund A Collective Investment Scheme in Property registered in terms of the Collective Investment Schemes Control Act, No. 45 of 2002 and managed by SA Corporate Real Estate Fund Managers Limited (Registration number 1994/009895/06) Share Code: SAC ISIN Code: ZAE000083614 (“SA Corporate” or “the Company”) Registered as a REIT RESULTS OF ANNUAL GENERAL MEETING Unitholders are advised that the voting results for the annual general meeting (“AGM”) of SA Corporate held at the registered offices of the Company on Friday, 15 May 2015 were as follows: Resolution Number of Percentage of For** Against** Abstained*** units voted units in issue* % % % % Ordinary resolution number 1 : To receive, consider and 1 458 043 708 72.03 100.00 0 0.27 adopt the annual financial statements for the year ended 31 December 2014 Ordinary resolution number 2 : To elect Mr MA Moloto 1 458 043 708 72.03 100.00 0 0.27 as a director Ordinary resolution number 3.1 : To re-elect Ms GP 1 458 043 708 72.03 93.48 6.52 0.27 Dingaan as a director Ordinary resolution number 3.2 : To re-elect Mr J 1 458 043 708 72.03 99.96 0.04 0.27 Molobela as a director Ordinary resolution number 4 : To approve on an 1 458 043 708 72.03 83.22 16.78 0.27 advisory, non-binding basis, the remuneration policy Ordinary resolution number 5 : Approval to issue units 1 458 043 708 72.03 88.20 11.80 0.27 for cash Special resolution number 1 : Approval of the 1 458 043 708 72.03 100.00 0 0.27 remuneration of non-executive directors: Board - Chair 1 458 043 708 72.03 100.00 0 0.27 Board – Member 1 458 043 708 72.03 100.00 0 0.27 Audit Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Audit Committee – Member 1 458 043 708 72.03 100.00 0 0.27 Risk & Compliance Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Risk & Compliance Committee - Member 1 458 043 708 72.03 100.00 0 0.27 Nomination Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Nomination Committee – Member 1 458 043 708 72.03 100.00 0 0.27 Remuneration Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Remuneration Committee – Member 1 458 043 708 72.03 100.00 0 0.27 Investment Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Investment Committee – Member 1 458 043 708 72.03 100.00 0 0.27 Social, Ethics & Environmental Committee – Chair 1 458 043 708 72.03 100.00 0 0.27 Social, Ethics & Environmental Committee – Member 1 458 043 708 72.03 100.00 0 0.27 Special resolution number 2 : General authority to 1 458 043 708 72.03 93.59 6.41 0.27 repurchase units * Based on 2 024 162 410 units in issue at the date of the AGM. ** In relation to the total number of shares voted at the AGM. *** In relation to the total number of shares in issue at the date of the AGM. Based on the above voting results, all resolutions were passed by the requisite majority of SA Corporate unitholders present in person or represented by proxy at the AGM. Johannesburg 15 May 2015 Sponsor Nedbank Date: 15/05/2015 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.