SAC - Results of the Accelerated Book Build SA Corporate Real Estate Limited (Incorporated in the Republic of South Africa) (Registration number 2015/015578/06) Share Code: SAC ISIN Code: ZAE000203238 ("SA Corporate" or the "Company") REIT status approved RESULTS OF THE ACCELERATED BOOKBUILD Further to the announcement released by SA Corporate on the Stock Exchange News Service of the JSE Limited (“JSE”) on Thursday, 29 June 2017 regarding the placing of new ordinary shares in the Company (the “Placing Shares”), by means of an accelerated bookbuild (the “Placing”), the Company is pleased to advise that the Placing was successfully priced on Friday, 30 June 2017. The Company placed 113 207 547 ordinary shares (“Placing Shares”), representing 4.68287% of the ordinary issued share capital of SA Corporate. The Placing was priced at ZAR5.30 per ordinary share (“Placing Price”), and raised gross proceeds of approximately ZAR600 million. An application has been or will be made to the JSE for the admission of the Placing Shares. Subject to approval by the JSE, listing and trading of the Placing Shares on the JSE is expected to commence at the opening of trade on Wednesday, 5 July 2017. Investors will have their CSDP and CDS accounts credited with the new SA Corporate ordinary shares on Wednesday, 5 July 2017. Following the issue of the Placing Shares, the Company will have a total of 2 530 689 337 ordinary shares in issue. 30 June 2017 Sole Bookrunner and Transaction Sponsor Absa Bank Limited (acting through its Corporate and Investment Banking division) Legal Counsel to the Bookrunner Bowman Gilfillan Inc. Sponsor Nedbank Corporate and Investment Banking Date: 30/06/2017 07:18:00 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.