GROWTHPOINT PROPERTIES LIMITED - Globalworth subscription update - fulfillment of all outstanding conditions precedent

Globalworth subscription update - fulfillment of all outstanding conditions precedent

Growthpoint Properties Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 1987/004988/06)
Share code: GRT      ISIN ZAE000179420
(“Growthpoint” or the “Company”)

GLOBALWORTH SUBSCRIPTION UPDATE - FULFILLMENT OF ALL OUTSTANDING
CONDITIONS PRECEDENT

1.   Introduction

     Growthpoint shareholders are referred to the announcement dated 1 December 2016,
     in which it was advised that Growthpoint had concluded a conditional agreement to
     subscribe for shares in London Alternative Investment Market-listed Globalworth Real
     Estate Investments Limited (“Globalworth”) (collectively, the “Subscription”).

2.   Fulfillment of conditions precedent

     All conditions precedent to the Subscription have been fulfilled and the Subscription is
     now wholly unconditional.

Sandton
20 December 2016

Corporate Advisor and Sponsor to Growthpoint
Investec Bank Limited

Legal advisors to Growthpoint (South Africa)
Glyn Marais Inc.

Legal advisors to Growthpoint (United Kingdom)
Simmons & Simmons LLP

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