EQUITES PROPERTY FUND LIMITED - Declaration of a clean-out distribution to Equites shareholders

Declaration of a clean-out distribution to Equites shareholders

EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU  ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites”)


DECLARATION OF A CLEAN-OUT DISTRIBUTION TO EQUITES SHAREHOLDERS

Shareholders are referred to the announcements released on SENS relating to the acquisition by Equites of all of the shares and
claims in Intaprop Proprietary Limited in consideration for Equites shares (“the acquisition”).

As previously announced, the acquisition was approved by the requisite majority of Equites shareholders at the general meeting
held on 31 August 2015.

In anticipation of the implementation of the acquisition, the directors of Equites have resolved to declare a clean-out distribution
of the distributable earnings of Equites for the period commencing on 1 March 2015 and ending on the day before the effective
date of the acquisition, being 1 July 2015, to Equites shareholders that are recorded as such on 25 September 2015 (the
“distribution”).

The final amount of the distribution per Equites share will be announced on SENS on 10 September 2015.

The salient dates relating to the distribution are set out below.

                                                                                                                      2015
 Finalisation announcement in respect of the distribution released on SENS on                       Thursday, 10 September

 Last day to trade in order to receive the distribution                                             Thursday, 17 September

 Equites shares trade ‘ex’ the entitlement to receive the distribution from                           Friday, 18 September

 Record date for receipt of the distribution                                                          Friday, 25 September

 Distribution paid to Equites shareholders on                                                         Monday, 28 September

Notes

1.      All date and times given are local dates and times in South Africa.

2.      The dates and times set out above are subject to change. Any such change will be released on SENS.

3.      No dematerialisation or rematerialisation of Equites shares may take place between Thursday, 17 September 2015 and
        Friday, 25 September 2015, both days inclusive.

3 September 2015


Corporate advisor and sponsor
Java Capital

Date: 03/09/2015 04:04:00 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.