Issue and listing of new shares pursuant to accelerated book build MAS Real Estate Inc. Registered in the British Virgin Islands Registration number 1750199 Registered as an external company in the Republic of South Africa Registration number 2010/000338/10 SEDOL (XLUX): B96VLJ5 SEDOL (ALTX): B96TSD2 JSE share code: MSP ISIN: VGG5884M1041 (“MAS” or the “Company”) ISSUE AND LISTING OF NEW SHARES PURSUANT TO ACCELERATED BOOK BUILD Shareholders are referred to the announcement published on 22 July 2016, wherein it was detailed that the Company had successfully raised ZAR500 million (approximately EUR31,8 million) pursuant to an accelerated book build. Shareholders are now advised that pursuant to the accelerated book build, 25 641 026 new shares of no par value in MAS (the “new shares”) have been issued and will be listed today, 29 July 2016 on the LuxSE and the JSE. Following the issuing of the new shares, the issued share capital of MAS will comprise 374 266 245 shares. MAS is dual primary listed on the Main Board of the JSE and the Euro MTF Market of the LuxSE. 29 July 2016 For further information please contact: Helen Cullen, Company Secretary, MAS Real Estate Inc. +44 1624 625 000 Java Capital, JSE Sponsor +27 11 722 3050 Charl Brand, M Partners, Luxembourg +352 263 868 602 Date: 29/07/2016 08:55:00 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.