NOTIFICATIONS OF BENEFICIAL INTERESTS IN SECURITIES FREEDOM PROPERTY FUND LIMITED Incorporated in the Republic of South Africa (Registration number 2012/129186/06) Share code: FDP ISIN: ZAE000185260 (“Freedom” or “the Company”) NOTIFICATIONS OF BENEFICIAL INTERESTS IN SECURITIES In compliance with section 122(3)(b) of the Companies Act, No. 71 of 2008 as amended (the “Act”), regulation 121(2)(b) of the Act Regulations, 2011, and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that Freedom received notification on Friday, 13 May 2016, that Tremtrade Proprietary Limited has acquired a beneficial interest in the securities of the Company, such that its entire beneficial interest amounts to 5.4% of the total number of ordinary securities of the Company in issue. In addition, shareholders are advised that the Company received notification today, Tuesday, 17 May 2016, that LP Huguenot Investments Proprietary Limited has acquired a beneficial interest in the securities of the Company, such that its entire beneficial interest amounts to 5.64% of the total number of ordinary securities of the Company in issue. As required in terms of section 122(3)(a) of the Act, Freedom has filed the required notices with the Takeover Regulation Panel. Johannesburg 17 May 2016 Sponsor Bravura Capital Proprietary Limited Date: 17/05/2016 05:30:00 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.