Trading Statement MAS Real Estate Inc. Registered in the British Virgin Islands Registration number 1750199 Registered as an external company in the Republic of South Africa Registration number 2010/000338/10 JSE share code: MSP ISIN: VGG5884M1041 (“MAS”) TRADING STATEMENT In terms of the JSE Listings Requirements, property entities are required to publish a trading statement as soon as they are satisfied that a reasonable degree of certainty exists that the distribution per share for the next reporting period will differ by at least 15% from the distribution per share for the previous corresponding reporting period. Accordingly, shareholders are advised that MAS anticipates that its final distribution per share for the year ended 30 June 2015 will be between 2,0 euro cents and 2,20 euro cents per share, being between 61,3% and 77,4% higher than the final distribution of 1,24 euro cents per share for the period ended 30 June 2014. The forecast financial information has not been reviewed and reported on by the auditors of MAS in accordance with 3.4(b)(viii)(1)(aa) or 3.4(b)(viii)(1)(bb) of the JSE Listings Requirements. The financial results for the year ended 30 June 2015 will be published on 14 September 2015. MAS is listed on the Euro MTF Market of the Luxembourg Stock Exchange and on the main board of the Johannesburg Stock Exchange. 3 September 2015 For further information please contact: Helen Cullen, Company Secretary, MAS Real Estate Inc. +44 1624 625000 Java Capital, JSE Sponsor +27 11 722 3050 Charl Brand, M Partners S.à.r.l, Luxembourg +352 263 868 602 Date: 03/09/2015 05:00:00 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.