No change statement, notice of annual general meeting and availability of BBBEE annual compliance report TOWER PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2012/066457/06) JSE share code: TWR ISIN: ZAE000179040 (Approved as a REIT by the JSE) (“Tower” or “the company”) NO CHANGE STATEMENT, NOTICE OF ANNUAL GENERAL MEETING AND AVAILABILITY OF BBBEE ANNUAL COMPLIANCE REPORT Shareholders are advised that Tower’s integrated report containing summarised audited annual financial statements for the financial year ended 31 May 2017 has been dispatched to shareholders. The integrated report and audited annual financial statements, are available with immediate effect, on the company’s website, www.towerpropertyfund.co.za. The annual financial statements contain no changes to the summarised audited consolidated annual results for the year ended 31 May 2017, released on SENS on 31 July 2017. The integrated report contains a notice of annual general meeting which will be held at 10h00 on Tuesday, 17 October 2017 at the Belmont Conference Centre, Belmont Road, Rondebosch, Cape Town. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 3 October 2017 and the record date for voting purposes is Friday, 6 October 2017. Shareholders are hereby notified that in accordance with the JSE Listings Requirements, the company’s annual compliance report in terms of section 13G(2) of the Broad-Based Black Economic Empowerment Act 53 of 2003 read with the Broad-Based Black Economic Empowerment Amendment Act 46 of 2013, is available on the company’s website. 15 September 2017 Sponsor Java Capital Date: 15/09/2017 12:12:00 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.