Acquisition Implemented Oasis Crescent Property Fund A property fund created under the Oasis Crescent Property Trust Scheme registered in terms of the Collective Investment Schemes Control Act (Act 45 of 2002) having REIT status with the JSE Share code: OAS ISIN: ZAE000074332 (“Oasis” or “the Fund”) ACQUISITION IMPLEMENTED 1. Unitholders are referred to the Fund’s announcement dated 3 March 2016 (“the Announcement”), regarding the Fund’s acquisition of a property referred to in the Announcement as 364 Victoria Road, from Oasis Crescent Property Company Proprietary Limited (“OCPC”) (“Acquisition”). 2. The Fund is pleased to announce that all conditions precedent to the Acquisition have been fulfilled and that registration of transfer of the abovementioned property occurred at the relevant Deeds Office on Monday, 13 June 2016. 3. As indicated in the Announcement, the purchase consideration of R23 million is to be settled through the issue of Oasis units to the seller. In this regard, it is confirmed that on Monday, 13 June 2016 the Fund issued a total of 1 209 649 new units to the seller at an issue price of 1 901.3773 cents per unit. 4. As indicated in the Announcement, possession of the property was taken by the Fund on 1 April 2016, from which date the Fund has been entitled to every benefit arising from the property and from which date the property was held by the Fund at its risk. 14 June 2016 Cape Town Designated advisor PSG Capital Proprietary Limited Date: 14/06/2016 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.