FORTRESS INCOME FUND LIMITED - Dealings in securities by an associate of a director of Fortress and by associates of a director of Capital

Release Date: 27/11/2015 10:18
Code(s): FFA FFB CPF
 
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Dealings in securities by an associate of a director of Fortress and by associates of a director of Capital

CAPITAL PROPERTY FUND LIMITED                             FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)            (Incorporated in the Republic of South Africa)
(Registration number 2013/226575/06)                      (Registration number 2009/016487/06)
JSE share code: CPF ISIN: ZAE000186821                    JSE share codes: FFA  ISIN: ZAE000192787
(Approved as a REIT by the JSE)                                            FFB   ISIN: ZAE000192795
(“Capital”)                                               (Approved as a REIT by the JSE)
                                                          (“Fortress”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF FORTRESS AND BY
ASSOCIATES OF A DIRECTOR OF CAPITAL


Fortress shareholders are advised of the following information relating to dealings in securities by an associate of a
director of Fortress:

Name of associate:                                      Limit 26 Investments One (Pty) Ltd
Name of director and relationship to director:          Wiko Serfontein, who is a director of Fortress and a trustee
                                                        and beneficiary of Serfontein Familie Trust, which owns
                                                        100% of Limit 26 Investments One (Pty) Ltd
Transaction date:                                       24 November 2015
Class of securities:                                    Fortress A ordinary shares
Number of securities:                                   700 000
Highest traded price per security*:                     R17.20
Weighted average price per security:                    R17.10010
Lowest traded price per security*:                      R16.53
Total value:                                            R11 970 070.00
Nature of transaction:                                  On-market sale
Nature and extent of director’s interest:               Indirect beneficial

Further to the scheme of arrangement entered into between Capital and Capital shareholders in terms of which
Fortress will, on Monday, 30 November 2015, acquire all of the Capital shares that Fortress does not already own in
exchange for Fortress A shares and Fortress B shares, Fortress and Capital shareholders are hereby advised of the
following dealings in the entitlement by Capital shareholders to receive Fortress A ordinary consideration shares by
associates of a director of Capital.

Name of associate                                       The Rumae Trust
Name of director and relationship to director:          Rual Bornman, who is a director of Capital and a trustee and
                                                        beneficiary of The Rumae Trust
Transaction date:                                       23 November 2015
Class of securities:                                    Entitlement to receive Fortress A ordinary shares
Number of securities:                                   525 000
Highest traded price per security*:                     R17.61
Weighted average price per security:                    R17.11001
Lowest traded price per security*:                      R16.80
Total value:                                            R8 982 755.25
Nature of transaction:                                  On-market sale
Nature and extent of director’s interest:               Indirect beneficial

Name of associate                                       Rumae Holdings (Pty) Ltd
Name of director and relationship to director:          Rual Bornman, who is a director of Capital and a trustee and
                                                        beneficiary of The Rumae Trust, which owns 100% of
                                                        Rumae Holdings (Pty) Ltd
Transaction date:                                       23 November 2015
Class of securities:                                    Entitlement to receive Fortress A ordinary shares
Number of securities:                                   490 000
Highest traded price per security*:                     R17.61
Weighted average price per security:                    R17.09910
Lowest traded price per security*:                      R16.80
Total value:                                            R8 378 559.00
Nature of transaction:                                  On-market sale
Nature and extent of director’s interest:               Indirect beneficial

*Highest and lowest traded prices per security on the market on the day.

27 November 2015


Sponsor
Java Capital
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