Results of the Accelerated Bookbuild SA Corporate Real Estate Limited (Incorporated in the Republic of South Africa) (Registration number 2015/015578/06) Share Code: SAC ISIN Code: ZAE000203238 ("SA Corporate" or the "Company") REIT status approved RESULTS OF THE ACCELERATED BOOKBUILD Further to the announcement released by SA Corporate on the Stock Exchange News Service of the JSE Limited (“JSE”) on 4 October 2016 regarding the placing of new ordinary shares in the Company (the “Placing Shares”), by means of an accelerated bookbuild (the "Placing"), the Company is pleased to advise that the Placing was successfully priced on 5 October 2016. Due to substantial over subscription SA Corporate has increased the number of Placing Shares to 114 171 025, representing 4.9568% of the ordinary issued share capital of SA Corporate. The Placing will price at ZAR5.30 per ordinary share (“Placing Price”), and raise gross proceeds of approximately ZAR600 million. The Placing Price represents a discount of 1.845% to the 30 day volume-weighted average price up to and including 4 October 2016, being the day prior to the launch of the Placing. Subject to approval by the JSE listing and trading of the Placing Shares on the JSE is expected to commence at the opening of trade on 10 October 2016. Investors will have their CSDP and CDS accounts credited with the new SA Corporate ordinary shares on 10 October 2016. Following the issue of the Placing Shares, the Company will have a total of 2 417 481 790 ordinary shares in issue. Absa Corporate and Investment Bank, a division of Absa Bank Limited acted as sole bookrunner and transaction sponsor. 5 October 2016 Sole Bookrunner and Transaction Sponsor Absa Corporate and Investment Bank, a division of Absa Bank Limited Sponsor Nedbank Corporate and Investment Banking Date: 05/10/2016 10:45:00 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.