EPFC17-18 Listing of New Instruments Emira Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2014/130842/06) Company code: BIEPF (Approved as a REIT by the JSE) ISIN EPFC17: ZAG000128976 ISIN EPFC18: ZAG000128984 (“Emira”) LISTING OF NEW FINANCIAL INSTRUMENT The JSE Limited has granted Emira the listing of its EPFC17 and EPFC18 Senior Unsecured Notes, in terms of its ZAR5,000,000,000 Domestic Medium Term Note Programme dated 1 July 2015. INSTRUMENT TYPE: Floating Rate Notes Total Notes in Issue: R1,832,000,000.00 excluding this issuance of Notes Instrument Code: EPFC17 Nominal Issued: R42,000,000.00 Issue Price: 100% Interest Rate: 7.050% (3 month jibar as at 19 August 2015 of 6.300% plus 0.75%) Coupon Rate Indicator: Floating Rate Issue Date: 24 August 2015 Interest Commencement Date: 24 August 2015 Maturity Date: 23 February 2016 Last day to Register: By 17h00 on 12 November and 12 February Books Close: 13 November and 13 February Interest Payment Date: 23 November and 23 February ISIN: ZAG000128976 Business Day Convention: Following Business Day Instrument Code: EPFC18 Nominal Issued: R158,000,000.00 Issue Price: 100% Interest Rate: 7.450% (3 month jibar as at 19 August 2015 of 6.300% plus 1.15%) Coupon Rate Indicator: Floating Rate Issue Date: 24 August 2015 Interest Commencement Date: 24 August 2015 Maturity Date: 22 August 2016 Last day to Register: By 17h00 on 12 November, 12 February, 12 May and 11 August Books Close: 13 November, 13 February, and 13 May and 13 August Interest Payment Date: 23 November, 23 February, 23 May and 22 August ISIN: ZAG000128984 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 21 August 2015 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 21/08/2015 10:12:00 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.