EPFC30 - 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) Bond code: EPFC30 ISIN: ZAG000142324 (“Emira”) LISTING OF TAP ISSUE The JSE Limited has granted Emira the additional listing of its Senior Unsecured Floating Rate Notes, in terms of its Domestic Medium Term Note Programme dated 1 July 2015, effective 2 March 2017. INSTRUMENT TYPE: Floating Rate Notes Programme Amount: ZAR 5,000,000,000.00 Total Notes in Issue: ZAR 2,919,000,000.00, exclusive of this Issuance of Notes Nominal Before Tap Issue: ZAR 157,000,000.00 Tap Amount: ZAR 25,000,000.00 Nominal Following Tap Issue: ZAR 182,000,000.00 Instrument Code: EPFC30 Issue Price: 100.18187% Interest Rate: 8.475% (3 Month JIBAR as at 20 February 2017 of 7.325% plus 115 bps) Coupon Rate Indicator: Floating Issue Date: 2 March 2017 Interest Commencement Date: 22 February 2017 First Interest Payment Date: 2 June 2017 Maturity Date: 2 March 2018 Final Maturity Amount: 100% of the Principal Amount of each Note Last Day to Register: By 17h00 on 22 May 2017, 22 August 2017, 21 November 2017 and 19 February 2018 Books Close: 23 May 2017, 23 August 2017, 22 November 2017 and 20 February 2018 Interest Payment Date(s): 2 June 2017, 2 September 2017, 2 December 2017 and 2 March 2018 ISIN: ZAG000142324 Business Day Convention: Following Business Day Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of JSE Rules. 1 March 2017 Debt Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01/03/2017 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.