Dividend announcement GREENBAY PROPERTIES LTD (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number: C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Greenbay”) DIVIDEND ANNOUNCEMENT The board of directors (the “Board”) of Greenbay has declared a dividend of 0.236 EUR cents per share for the six months ended 30 September 2017. This announcement is being released in terms of the Listing Rules of the Stock Exchange of Mauritius Ltd (“SEM”). Subject to final regulatory approvals, shareholders will be given the option to receive their dividend either in cash or as a scrip dividend. A circular containing details of this election accompanied by announcements on the Stock Exchange News Service of the Johannesburg Stock Exchange (“JSE”) as well as the website of the SEM, will be issued in due course. Greenbay has primary listings on both the Official Market of the SEM and the Main Board of the JSE. By order of the Board 21 November 2017 This notice is issued pursuant to 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 Greenbay accepts full responsibility for the accuracy of the information in this announcement. JSE sponsor Java Capital Tel: +27 11 722 3052 SEM authorised representative and sponsor Perigeum Capital Tel: +230 402 0890 Company secretary Intercontinental Trust Ltd Tel: +230 403 0800 Date: 21/11/2017 01:15:00 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.