Notification in terms of Section 122(3) of the Companies Act and Section 3.83(b) of the JSE Listings Requirements TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE (Incorporated in the Republic of South Africa) (Registration number 2005/019302/06) JSE code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) NOTIFICATION IN TERMS OF SECTION 122(3) OF THE COMPANIES ACT AND SECTION 3.83(b) OF THE JSE LISTINGS REQUIREMENTS In accordance with section 122(3)(b) of the Companies Act, No. 71 of 2008 (“the Act”), and section 3.83(b) of the JSE Listings Requirements, holders of ordinary shares in the Company are advised that Luna Group Proprietary Limited (“Luna”), an investment and trading group that has over 39 years of investment experience and forms part of Dr. Christo Wiese’s larger group of companies, has acquired Texton ordinary shares pursuant to the Texton rights offer which closed on Friday, 2 October 2015, such that its beneficial interests in Texton has increased from 8.57% to 16.78% of the total number of shares in issue. Texton hereby confirms that it has received the required notice from Luna in terms of section 122(1)(a) of the Act. As required in terms of section 122(3)(a) of the Act, Texton will file the required notice with the Takeover Regulation Panel. Dunkeld 8 October 2015 Sponsor Investec Bank Limited Date: 08/10/2015 04:15:00 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.