FAIRVEST PROPERTY HOLDINGS LIMITED - Finalisation Announcement

Finalisation Announcement

Fairvest Property Holdings Limited
Incorporated in the Republic of South Africa
(Registration Number: 1998/005011/06)
Linked unit code: FVT
ISIN code: ZAE000034658
(Approved as a REIT by the JSE)
(“Fairvest” or “the Company”)

FINALISATION ANNOUNCEMENT

Linked unitholders are referred to the Company’s announcements
dated 24 April 2015 and 25 May 2015, as well as the circular dated
24 April 2015 (“Circular”), regarding the conversion of Fairvest’s
current linked unit capital structure to a share only structure,
such conversion involving, inter alia, a scheme of arrangement
between Fairvest and its debenture holders (“Scheme”).

Linked unitholders are advised that all conditions precedent to the
Scheme and capital conversion, as detailed in paragraph 6 of the
Circular, have now been fulfilled.

Accordingly, the Scheme and capital conversion will be implemented
in accordance with the timetable detailed in the Circular and in
Fairvest’s announcement dated 24 April 2015.

8 June 2015
Cape Town

Sponsor and corporate advisor
PSG Capital

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