Results of General Meeting to Approve BEE Transaction EMIRA PROPERTY FUND LIMITED Incorporated in the Republic of South Africa (Registration number 2014/130842/06) JSE share code: EMI ISIN: ZAE000203063 (Approved as a REIT by the JSE) (“Emira” or “the Company”) RESULTS OF GENERAL MEETING TO APPROVE BEE TRANSACTION Further to the announcement released on SENS on 23 May 2017 and the Circular distributed to shareholders on 29 May 2017, and using the terms defined therein unless otherwise stated, shareholders are advised that at the General Meeting of Emira shareholders held today, 28 June 2017, the Resolutions proposed thereat for the purposes of approving the BEE Transaction, were approved by the requisite majority of votes as follows: Total issued share capital Number of shares voted Percentage shared voted 496 533 883 372 179 982 75% Resolutions: Shares voted Votes Votes for Votes against Abstained Number %(1) %(1) Number %(2) Number %(2) Ordinary Resolution 1: 370 977 369 74.71 0.24 369 816 812 99.69 1 160 557 0.31 Approval of the specific issue of shares to the BEE Parties Ordinary Resolution 2: 370 977 369 74.71 0.24 369 816 812 99.69 1 160 557 0.31 Directors’ authorising resolution Notes: 1. As a percentage of total ordinary shares in issue. 2. As a percentage of shares voted. Bryanston 28 June 2017 Transaction Sponsor Questco (Proprietary) Limited Date: 28/06/2017 12:33:00 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.