GRIT REAL ESTATE INCOME GROUP LIMITED - Announcement In Respect Of The Final Dividend Currency Exchange Rate

Announcement In Respect Of The Final Dividend Currency Exchange Rate

GRIT REAL ESTATE INCOME GROUP LIMITED
(previously known as Mara Delta Property Holdings Limited)
(Registered by continuation in the Republic of Mauritius)
(Registration number: C128881 C1/GBL)
SEM share code: DEL.N0000
JSE share code: GTR
ISIN: MU0473N00036
(“Grit” or “the Company”)

ANNOUNCEMENT IN RESPECT OF THE FINAL DIVIDEND CURRENCY EXCHANGE RATE (SOUTH AFRICAN RAND)

Grit shareholders are referred to the announcement released on the Stock Exchange of Mauritius Ltd (“SEM”) and the JSE Limited
(“JSE”) on Thursday, 21 September 2017, relating to the payment of a cash dividend for the two months ended 30 June 2017
(“final dividend”).

Shareholders on the South African share register will receive the final dividend in South African Rand (“ZAR”), converted from
United States Dollars (“USD”) at an exchange rate of USD1.00: ZAR13.74000. Accordingly, the final dividend of US$1.38000 cents
per share will be equal to ZAR 18.96120 cents per share.

In terms of the JSE Listings Requirements regarding Dividends Tax, the following information is only applicable to shareholders
on the South African share register, as the dividend is regarded as a foreign dividend for shareholders on the South
African register:
-     the gross local final dividend amount is ZAR18.96120 cents per share for shareholders exempt from paying South African
      Dividends Tax; and
-     the net local final dividend amount is ZAR15.16896 cents per share for shareholders liable to pay South African Dividends
      Tax.

A dividend withholding tax will be applicable to shareholders who are not exempt.

For the avoidance of doubt, dividend tax, and therefore the information provided in this announcement, is only applicable to
shareholders on the South African register.

By order of the Board

10 October 2017

JSE sponsor and corporate advisor to Grit
PSG Captial


SEM authorised representative and sponsor to Grit
Perigeum Capital                                                                                     


Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Peter Todd (lead independent), Chandra Gujadhur, Ian Macleod, Leon
van de Moortele*, Jacqueline van Niekerk, Matshepo More and Maheshwar Doorgakant# (*executive director) (#alternate to Mr
Gujadhur)
Company secretary: Intercontinental Fund Services Limited
Registered address: c/o Intercontinental Fund Services Limited, Level 5, Alexander House, 35 Cybercity, Ebène 72201, Mauritius
Transfer secretary (South Africa): Computershare Investor Services Proprietary Limited
Registrar and transfer agent (Mauritius): Intercontinental Secretarial Services Limited
Transaction advisor and JSE sponsor: PSG Capital Proprietary Limited
Sponsoring Broker: Axys Stockbrokering Limited
SEM authorised representative and sponsor: Perigeum Capital Ltd
This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure
Obligations of Reporting Issuers) Rules 2007. The board of directors of the Company accepts full responsibility for the accuracy of
the information contained in this communiqué.

Date: 10/10/2017 11:07:00 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.