Placing of shares at a premium of US$ 5.3 cents to net asset value per share for the acqusition of assets DELTA AFRICA PROPERTY HOLDINGS LIMITED (Registered by continuation in the Republic of Mauritius) (Registration number 128881 C1/GBL) JSE share code: DLA SEM share code: DEL.N0000 ISIN: MU0473N00010 (“Delta Africa” or “the Company”) PLACING OF SHARES AT A PREMIUM OF US$ 5.3 CENTS TO NET ASSET VALUE PER SHARE FOR THE ACQUSITION OF ASSETS 1. Further to the information provided in the Supplement to the Listing Particulars dated 10 December 2015 (“Supplement”) released to the market in a communique dated 10 December 2015, shareholders are hereby advised that Delta Africa has successfully placed 2,004,192 additional ordinary shares of no par value (“Placing Shares”) at an issue price of USD 1.70 per share. The issue price is at a premium of US$5.3 cents to the last published net asset value per share of US$1.6469. 2. The proceeds from the Placing Shares will be used to reduce existing debt facilities relating to the acquisition of assets announced to the market. 3. The Placing Shares will be listed on the Official Market of the Stock Exchange of Mauritius Ltd (“SEM”) and the Main Board of JSE Limited on Tuesday, 16 February 2016. 4. The Placing Shares will be placed through the Mauritian share register and investors will have their CDS accounts credited with the Placing Shares on Tuesday, 16 February 2016. 5. Delta Africa has its primary listings on both the Official Market of the SEM and the JSE Limited. 15 February 2016 Directors: Sandile Nomvete (chairman), Greg Pearson*, Bronwyn Anne Corbett*, Peter Todd (lead independent), Maheshwar Doorgakant, Chandra Kumar Gujadhur, Ian Macleod and Leon van de Moortele* (*executive director) Company Secretary: Intercontinental Fund Services Ltd Registered address: Level 5, Alexander House, 35 Cybercity, Ebene, 72201, Mauritius Transfer secretary in South Africa: Computershare Investor Services (Pty) Ltd Registrar and Transfer Agent (Mauritius): Intercontinental Secretarial Services Ltd Corporate advisor and JSE Sponsor: PSG Capital (Pty) Ltd SEM sponsor: Capital Markets Brokers Ltd This Notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and the Securities Act of Mauritius 2005. The board of directors of Delta Africa Property Holdings Limited accepts full responsibility for the accuracy of the information contained in this communiqué. Date: 15/02/2016 12:30:00 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.