Further trading statement INGENUITY PROPERTY INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 2000/018084/06) ISIN: ZAE 000127411 JSE share code: ING (“Ingenuity” or “the company”) FURTHER TRADING STATEMENT Shareholders are referred to the trading statement released on SENS on 28 October 2016 (“the original trading statement”) and are advised of the following revised figures for the year ended 31 August 2016: - earnings per share (“EPS”) of 13.8 cents per share (the original trading statement reported 12.8 cents per share) which is a decrease of 26% when compared to the EPS of 18.7 cents per share reported for the corresponding year ended 31 August 2015; and - net asset value per share (“NAVPS”) of 119 cents per share (the original trading statement reported 118 cents per share) which is an increase of 8.2% when compared to the NAVPS of 110 cents per share reported for the corresponding year ended 31 August 2015. Headline earnings per share remains as disclosed in the original trading statement. The above information has not been reviewed or reported on by the company’s auditors and the company’s results for the year ended 31 August 2016 are expected to be published on or about 8 November 2016. Cape Town 4 November 2016 Sponsor Nedbank Corporate and Investment Banking Date: 04/11/2016 01:31:00 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.