Approval to issue of up to 1 710 444 Atlantic Leaf shares and the issue of a supplement to the listing particulars Atlantic Leaf Properties Limited (Incorporated in the Republic of Mauritius on 11 November 2013) (Registration number: 119492 C1/GBL) SEM share code: ALPL.N0000 JSE share code: ALP ISIN: MU0422N00009 (“Atlantic Leaf” or “the company”) APPROVAL FOR THE ISSUE OF UP TO 1 710 444 ATLANTIC LEAF SHARES AND THE ISSUE OF A SUPPLEMENT TO THE LISTING PARTICULARS The board of directors (the “Board”) of Atlantic Leaf is pleased to announce that, on Friday, 20 November 2015, the Listing Executive Committee of the Stock Exchange of Mauritius Ltd (the “SEM”) has approved the issue and listing of up to 1 710 444 new Atlantic Leaf shares that may be issued to existing shareholders who elect to receive a share distribution (previously referred to as ‘scrip dividend’ in the dividend announcement released on 13 October 2015) in lieu of cash dividend. Further details relating to such dividend election will be announced in due course. As required by the Listing Rules of the SEM, copies of the Supplement to the Listing Particulars relating to this further issue of shares and the Listing Particulars of the company, will be made available for inspection for at least 10 business days as from Friday, 20 November 2015, during normal office hours (from 9 a.m. to 5 p.m. Mauritian time) at the registered office of the company which is situated at c/o Intercontinental Trust Ltd, Level 3, Alexander House, 35 Cybercity, Ebene 72201, Mauritius. Atlantic Leaf has its primary listing on the Official Market of the SEM and a secondary listing on the Alternative Exchange of the JSE Limited. By order of the Board. For further information please contact: South African corporate advisor Leaf Capital +27 21 657 1180 JSE sponsor Java Capital +27 11 722 3050 Corporate secretary Intercontinental Trust Limited +230 403 0800 20 November 2015 This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Directors of Atlantic Leaf Properties Limited accepts full responsibility for the accuracy of the information contained in this announcement. Date: 20/11/2015 03:25:00 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.