TEXTON PROPERTY FUND LIMITED - Changes in the directorate

Changes in the directorate

TEXTON PROPERTY FUND LIMITED
Granted REIT status by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/019302/06)
JSE code: TEX
ISIN: ZAE000190542

(“Texton” or “the Company”)

CHANGES IN THE DIRECTORATE

The Board of Directors of Texton (“the Board”) hereby advises shareholders that Mr Nic Morris has
resigned from his position as Chief Executive Officer of the Company and as an Executive Director of
the Board, to pursue other opportunities (“the Resignation”). The Resignation is effective from 31
August 2017, which provides for a 3 month notice period to ensure an efficient handover of Mr Morris’
executive responsibilities.

The Company has commenced the process of seeking a suitable replacement for Mr Morris and an
announcement in this regard will be made to shareholders in due course.

The Board wishes to express its appreciation to Nic for the significant contribution he has made during
his tenure at Texton and for his contribution as an Executive Director of the Board. The Board wishes
Nic every success in his future endeavours.

Hyde Park
31 May 2017

Sponsor
Investec Bank Limited

Date: 31/05/2017 04:34:00 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.