Transfer of the listing of Greenbay from the Alternative Exchange to The Main Board of the JSE GREENBAY PROPERTIES LTD (Formerly known as Green Flash Properties Ltd) (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number: C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Greenbay” or “the company”) TRANSFER OF THE LISTING OF GREENBAY FROM THE ALTERNATIVE EXCHANGE TO THE MAIN BOARD OF THE JSE The company is pleased to announce that the JSE Limited (“JSE”) has approved the transfer of its listing from the JSE’s Alternative Exchange to the JSE’s Main Board with effect from Wednesday, 29 March 2017 (“the transfer”). The transfer will not affect the company’s current listing on the Stock Exchange of Mauritius Ltd (“SEM”). Following the transfer, Greenbay will have primary listings on both the SEM and the JSE and the company will be listed in the “Real Estate – Real Estate Holdings and Development” sector of the Main Board of the JSE, sector number 8633. 2017 Effective date of the transfer Wednesday, 29 March Greenbay shares to start trading on the Main Board of the JSE Wednesday, 29 March By order of the board 17 March 2017 This notice is issued pursuant to the JSE Listings requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The board of directors of Greenbay accepts full responsibility for the accuracy of the information in this announcement. The company currently has a primary listing on the Official Market of the SEM and and a secondary listing on the Alternative Exchange of the JSE. For further information please contact: JSE sponsor Java Capital Tel: +27 11 722 3050 SEM authorised representative and sponsor Perigeum Capital Tel: +230 402 0890 Company Secretary Intercontinental Trust Ltd Tel: +230 403 0800 Date: 17/03/2017 12:02:00 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.