RMB Holdings Limited (RMH) announces second transaction in the execution of its property strategy RMB HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1987/005115/06) ISIN: ZAE000024501 JSE ordinary share code: RMH ("RMH") RMB HOLDINGS LIMITED (RMH) ANNOUNCES SECOND TRANSACTION IN THE EXECUTION OF ITS PROPERTY STRATEGY Following investment in leading South African property group, Atterbury, RMH makes a 34% investment in urban renewal property company, Propertuity Investment holding company RMH announces the second transaction in the execution of its property investment business that is set to expand alongside its current, single 34% investment in FirstRand Limited. As a further step in the strategy of establishing a diversified portfolio of scalable entrepreneur-led businesses with proven track records in managing and building out property portfolios, RMH confirms its intention to make a 34% investment in leading South African urban renewal group, Propertuity Development Company (Propertuity). Propertuity represents the first investment into RMH’s specialist portfolio that will focus on niche areas of the property sector. As communicated in the announcement on the Stock Exchange News Service on 3 May 2016, the specialist portfolio sits alongside RMH’s core property portfolio that will target the more traditional and larger areas of South African property. Atterbury is RMH’s key development partner in the core portfolio. The specialist portfolio will house best-of-breed specialist developers and managers focused on key niches in the property market. This portfolio is aimed at achieving higher yields and faster net asset value growth than the more traditional core portfolio. As communicated previously, the overall RMH property strategy will focus on owner-managed businesses across a broader value chain in property. It will primarily target unlisted opportunities and will balance net asset value growth and yield. RMH will continue to follow a phased approach in acquiring its various property investments over the coming years. Shareholding in Propertuity post the transaction will consist of management (46%), RMH (34%) and Buffet Investments (20%). Buffet is an established property investor which has had significant success in backing entrepreneurial property investments. Since its creation seven years ago, Propertuity has focused on the redevelopment of dilapidated industrial and office areas in Johannesburg and Durban. The group currently has around 50 properties in Johannesburg and 20 in Durban, with early entrance into the Pretoria CBD underway. The financial effects of this transaction will be immaterial on the financial results of RMH over the short to medium term. RMH intends to fund its investment into Propertuity through preference share funding. The successful conclusion of the investment into Propertuity is subject to regulatory and commercial approvals. Sandton 27 June 2016 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 27/06/2016 01:59:00 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.