Change From Secondary Listing Status To Primary Listing Status On The AltX Of The JSE New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or the “company”) CHANGE FROM SECONDARY LISTING STATUS TO PRIMARY LISTING STATUS ON THE ALTX OF THE JSE Shareholders are advised that as a result of both the volume and value of shares traded on the South African share register having exceeded 50% of the total volume and value of shares traded on both the Mauritian and South African share registers over the past twelve months, the JSE will convert New Frontier’s listing status on the Alternative Exchange of the JSE (“AltX”) from a secondary listing to a primary listing effective from 13 June 2016 pursuant to JSE Listing Requirement 18.21. Currently, New Frontier has its primary listing on the Stock Exchange of Mauritius and holds a secondary listing on the AltX. From 13 June 2016 New Frontier will hold primary listings on both the Stock Exchange of Mauritius and the AltX. JSE sponsor Java Capital +27 11 722 3050 Company secretary Osiris Corporate Solutions (Mauritius) Limited +230 650 4030 9 June 2016 This communique has been issued pursuant to the pre-listing statement and Listing Rules 11.3 and 11.5 of the Stock Exchange of Mauritius Ltd. The Board of Directors of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information contained in this Notice. Date: 09/06/2016 11:00:00 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.