Results of the Annual General Meeting of Freedom FREEDOM PROPERTY FUND LIMITED Incorporated in the Republic of South Africa (Registration number: 2012/129186/06) Share code: FDP ISIN Code: ZAE000185260 (“Freedom” or “the Company”) RESULTS OF THE ANNUAL GENERAL MEETING OF FREEDOM Shareholders are hereby advised that at the annual general meeting of the Company held at 16:00 on Friday, 28 August 2015, at the Bryanston Country Club, 63 Bryanston Drive, Bryanston (“Annual General Meeting”), ordinary resolutions numbers 2 to 4, 6.1 and 6.2 were passed by the requisite majority of votes cast by Freedom shareholders present or represented by proxy and entitled to vote at the Annual General Meeting. The detailed voting results of the Annual General Meeting are set out below. Annual General Meeting Results: Votes for Votes against Number of Number of Shares resolution (%)* resolution (%)* shares voted at shares voted at abstained as a the Annual the Annual percentage of General Meeting General Meeting shares in issue as a percentage (%) of shares in issue (%) Ordinary 46.40 53.60 717 985 959 69.91 4.57 Resolution Number 1: To re-elect Mr RD Eaton as a director of the Company Ordinary 96.35 3.65 763 686 005 74.36 0.12 Resolution Number 2: To re-elect WB Stocks as a director of the Company Ordinary 96.35 3.65 763 686 005 74.36 0.12 Resolution Number 3: To appoint Mr WB Stocks as a member and chairperson of the audit committee of the Company Ordinary 51.70 48.30 717 985 959 69.91 4.57 Resolution Number 4: To appoint Mr BM Molefi as a member of the audit committee of the Company Ordinary 45.96 54.04 717 985 959 69.91 4.57 Resolution Number 5: To appoint Mr RD Eaton as a member of the audit committee of the Company Ordinary 100.00 - 763 686 005 74.36 0.12 Resolution Number 6.1: Re- appointment of the auditors of the Company Ordinary 94.35 5.65 549 413 875 53.50 20.98 Resolution Number 6.2: Authority to determine the remuneration of the auditors of the Company Ordinary 43.14 56.86 764 886 005 74.48 -** Resolution Number 7: General authority to issue shares for cash Ordinary 49.12 50.88 764 886 005 74.48 -** Resolution Number 8: Authority of directors to implement resolutions Non-binding 43.14 56.86 764 886 005 74.48 -** advisory vote: Endorsement of the remuneration policy of the Company Special 43.14 56.86 764 886 005 74.48 -** Resolution Number 1: Remuneration of non-executive directors Special 73.19 26.81 764 886 005 74.48 -** Resolution Number 2: General approval to repurchase shares Special 60.29 39.71 623 146 152 60.68 13.80 Resolution Number 3: Inter-company loans and other financial assistance Special 60.29 39.71 623 146 152 60.68 13.80 Resolution Number 4: Financial assistance for the subscription and/or purchase of shares in the Company or a related or inter-related company Notes: * In relation to the total number of shares voted at the Annual General Meeting. ** Less than 0.01%. 31 August 2015 Cape Town Sponsor PSG Capital Proprietary Limited Date: 31/08/2015 12:20:00 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.