EPF009 - Listing of Tap Issue Emira Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2014/130842/06) Company code: EMII (Approved as a REIT by the JSE) ISIN EPF009: ZAG000139767 (“Emira”) LISTING OF TAP ISSUE The JSE Limited has granted Emira the listing of its EPF009 Senior Unsecured Notes, in terms of its ZAR5,000,000,000 Domestic Medium Term Note Programme dated 1 July 2015. Total Notes in Issue: R 2,921,000,000.00 excluding this issuance of Notes Tap Amount ZAR 30,000,000.00 Nominal Following Tap Issue ZAR 60,000,000.00 Instrument Type: Floating Rate Notes Instrument Code: EPF009 Nominal Issued: R30,000,000.00 Issue Price: 100% Interest Rate: 8.658% (3 month Jibar of 27 September 2016 of 7.358% plus 130bps) Coupon Rate Indicator: Floating Rate Issue Date: 28 October 2016 Interest Commencement Date: 30 September 2016 Maturity Date: 30 March 2018 Last day to Register: By 17h00 on 19 December, 19 March, 19 June and 19 September in each year until maturity Books Close: 20 December, 20 March, 20 June and 20 September in each year until maturity Interest Payment Date: 30 December, 30 March, 30 June and 30 September in each year until maturity ISIN: ZAG000139767 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 27 October 2016 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 27/10/2016 02:25:00 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.