Specific authority to issue shares for cash: Results of general meeting 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” or “the company”) SPECIFIC AUTHORITY TO ISSUE SHARES FOR CASH: RESULTS OF GENERAL MEETING Equites shareholders are advised that at the general meeting of shareholders held on Wednesday, 4 November 2015 (in terms of the notice of general meeting dispatched to shareholders on 6 October 2015), relating to the proposed specific authority to issue shares for cash in terms of the JSE Listings Requirements and an authority to allot and issue shares in terms of sections 41(1) and 41(3) of the Companies Act, 71 of 2008, all of the resolutions were passed by the requisite majority of Equites shareholders. Details of the results of voting at the general meeting were as follows: - total number of shares in respect of which the votes could be taken into consideration for voting purposes in respect of: - ordinary resolution 1 and special resolution 2: 114 883 322 - special resolution 1 and ordinary resolution 2: 154 946 598 - total number of shares voted in respect of: - ordinary resolution 1 and special resolution 2: 55 195 711, being 35.62% of the Equites shares in issue; and - special resolution 1 and ordinary resolution 2: 92 301 717, being 59.57%of the Equites shares in issue. Ordinary resolution 1 – Specific authority to issue shares for cash Shares voted For Against Abstentions 55 195 711 54 816 512, being 99.31% 379 199, being 0.69% - Special resolution 1 – Authority to issue shares in terms of section 41(3) of the Companies Act Shares voted For Against Abstentions 55 195 711 91 922 518, being 99.59% 379 199, being 0.41% - Special resolution 2 – Authority to issue shares in terms of section 41(1) of the Companies Act and the Listings Requirements Shares voted For Against Abstentions 55 195 711 54 816 512, being 99.31% 379 199, being 0.69% - Ordinary resolution 2: General authority Shares voted For Against Abstentions 92 301 717 91 922 518, being 99.59% 379 199, being 0.41% - 4 November 2015 Corporate advisor and sponsor Java Capital Date: 04/11/2015 02:42:00 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.