Change of name, Change in currency, SEM Sponsor, Authorised Representative and SA Transfer Secretary GREEN FLASH PROPERTIES LTD (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Green Flash” or “the Company”) CHANGE OF COMPANY NAME, REPORTING, FUNCTIONAL AND TRADING CURRENCY, SEM SPONSOR AND AUTHORISED REPRESENTATIVE AND SOUTH AFRICAN TRANSFER SECRETARY CHANGE OF COMPANY NAME Shareholders and the general public are hereby advised that the Company has changed its name from Green Flash Properties Ltd to Greenbay Properties Ltd. The change of name is effective immediately on the SEM while the salient dates and times in respect of the effective date of the change of name on the JSE will be published in due course. CHANGE OF REPORTING CURRENCY, FUNCTIONAL CURRENCY AND TRADING CURRENCY The Board of Directors also wishes to inform its shareholders and the public in general of the following: - The Company has changed its reporting currency from Euro (“EUR”) to pounds sterling (“GBP”) as approved by the Registrar of Companies effective as from 16 March 2016. - The Company has changed the denomination of its share capital from EUR to GBP under section 50(4) of the Companies Act 2001, as approved by the Registrar of Companies effective as from 16 March 2016. - The Company will be changing the trading currency of its shares listed on SEM from EUR to GBP and the shares of the Company will be listed and traded on SEM in GBP effective as from 21 March 2016. CHANGE OF SEM SPONSOR AND AUTHORISED REPRESENTATIVE The Board further wishes to inform the shareholders and the general public that the Company has terminated their SEM Authorised Representative and Sponsor service arrangement with LCF Securities Ltd and has appointed Capital Markets Brokers Ltd as Sponsor in relation to its listing on the official market of the SEM. Intercontinental Trust Limited has been appointed as SEM authorised representative. CHANGE OF SOUTH AFRICAN TRANSFER SECRETARY Shareholders are further advised that Link Market Services South Africa (Pty) Ltd (“Link Market Services”) will replace Computershare Investor Services (Pty) Ltd as transfer secretary in South Africa to the Company, with effect from 31 March 2016. The contact details of Link Market Services are as follows: Physical address: Link Market Services 13th Floor, Rennie House 19 Ameshoff Street Braamfontein, 2001 Postal address: PO Box 4844 Johannesburg 2000 Telephone number: +27 (0) 861 546572 email: grante@linkmarketservices.co.za Greenbay has a primary listing on the SEM and a secondary listing on the AltX of the JSE. By order of the Board 17 March 2016 This announcement is issued pursuant to SEM Listing Rules 11.3 and Section 36(2) of the Companies Act 2001. The Board accepts full responsibility for the accuracy of the information in this announcement. For further information please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Intercontinental Trust Limited +230 403 0800 Date: 17/03/2016 02:12:00 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.