Notice of general meeting of A and B shareholders GEMGROW PROPERTIES LIMITED (previously Synergy Income Fund Limited) (Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: GPA ISIN: ZAE000223269 JSE share code: GPB ISIN: ZAE000223277 (Granted REIT status with the JSE) (“Gemgrow” or “the company”) NOTICE OF GENERAL MEETING OF A AND B SHAREHOLDERS Shareholders are advised that a notice of general meeting of Gemgrow shareholders (the “notice”) was dispatched today, Thursday, 14 September 2017, which notice includes salient features with regards to the proposed Gemgrow Properties Limited Share Purchase and Option Scheme (the “proposed scheme”). A general meeting of Gemgrow A shareholders and Gemgrow B shareholders (the “general meeting”) will be held at the company’s registered office, 3rd Floor, 1 Sturdee Avenue, Rosebank, 2196, on Friday, 13 October 2017 at 10h00, for purposes of considering and, if deemed fit, passing the resolutions required to implement the proposed scheme. IMPORTANT DATES TO NOTE 2017 Record date for receipt of notice on Friday, 8 September Notice posted on Thursday, 14 September Last day to trade in order to be eligible to participate in and vote at the general meeting Tuesday, 3 October Record date for voting purposes Friday, 6 October General meeting at 10h00 on Friday, 13 October Results of general meeting released on SENS Friday, 13 October A copy of the notice, together with the salient features of the proposed scheme, is available on the company’s website at www.gemgrow.co.za. 14 September 2017 Sponsor Java Capital Date: 14/09/2017 03:41:00 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.