FORTRESS INCOME FUND LIMITED - Voluntary update on listed portfolio at 30 June 2016

Voluntary update on listed portfolio at 30 June 2016

FORTRESS INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA    ISIN: ZAE000192787
                 FFB    ISIN: ZAE000192795
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


VOLUNTARY UPDATE ON LISTED PORTFOLIO AT 30 JUNE 2016


                                                Dec 2015                         Jun 2016
                                        Number of          Fair value    Number of        Fair value
    Counter                                 shares             R’000         shares           R’000
    Greenbay (GRP)                               -                  -   420 000 000          579 600
    Hammerson (HMSO UK) #               15 740 405          2 170 911    13 300 405        1 403 489
    Nepi (NEP)                          51 800 000          9 210 558    52 530 000        8 825 040
    Resilient (RES)                     38 100 000          4 400 550    39 370 000        5 188 966
    Rockcastle (ROC)                   339 450 000         11 846 805   343 830 000       11 865 573
                                                           27 628 824                     27 862 668

#   The Hammerson position is held through equity derivatives.

1 July 2016


Sponsor
Java Capital

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