Notification Of Major Interest In Shares SIRIUS REAL ESTATE LIMITED (Incorporated in Guernsey) Company Number: 46442 Share Code: SRE ISIN Code: ISIN GG00B1W3VF54 For filings with the FCA include the annex For filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are Sirius Real Estate Limited attached: ii 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights YES An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): Amendment to previously submitted TR1 3. Full name of person(s) subject to the notification obligation: iii MAS (IOM) Holdings Limited 4. Full name of shareholder(s) MAS (IOM) Holdings Limited (if different from 3.):iv 5. Date of the transaction and date on which the threshold is crossed or 19/08/2016 reached: v 6. Date on which issuer notified: 12/08/2016 7. Threshold(s) that is/are crossed or 5% reached: vi, vii 8. Notified details: A: Voting rights attached to shares viii, ix Class/type of Situation previous Resulting situation after the triggering transaction shares to the triggering transaction if possible using Number Number Number Number of voting % of voting rights x the ISIN CODE of of of shares rights Shares Voting Indirect Direct Direct xi Direct Indirect Rights xii GG00B1W3VF54 96,474,895 96,474,895 36,474,895 36,474,895 4.3% B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date xiii Conversion Period xiv rights that may be rights acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi Resulting situation after the triggering transaction Type of financial Exercise Expiration Exercise/ Number of voting rights % of voting rights xix, instrument price date xvii Conversion instrument refers to xx period xviii Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 36,474,895 4.3% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi MAS Real Estate Inc. MAS (BVI) Holdings Limited MAS (IOM) Holdings Limited Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Helen Cullen 15. Contact telephone number: +44 1624 625000 Note: Annex should only be submitted to the FCA not the issuer Annex: Notification of major interests in shares xxii A: Identity of the persons or legal entity subject to the notification obligation Full name (including legal form of legal entities) MAS (IOM) Holdings Limited Contact address (registered office for legal entities) 2nd Floor, Clarendon House, Victoria Street, Douglas, Isle of Man, IM1 2LN Phone number & email Helen@masrei.com +44 1624 625000 Other useful information (at least legal representative for legal persons) B: Identity of the notifier, if applicable Full name Contact address Phone number & email Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation) C: Additional information For notes on how to complete form TR-1 please see the FCA website. JSE Sponsor: PSG Capital Proprietary Limited Date: 23/08/2016 04:30:00 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.