Pre-Close Investor Call TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE Incorporated in the Republic of South Africa (Registration number 2005/019302/06) Share code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) PRE-CLOSE INVESTOR CALL Shareholders are referred to the pre-close conference call announcement released on SENS on 14 November 2017 (“the Conference Call”). The Conference Call will take place today, 29 November 2017 at 10am (South African Standard Time). The Conference Call will provide an update in respect of the interim financial period ending 31 December 2017. Shareholders are advised of the following salient details that will be discussed during the Conference Call: - Update on operations and letting; and - Dividend guidance for the period ending 31 December 2017. The anticipated flat dividend growth rate reflects the challenging operating environment for Texton arising from economic and political uncertainty in South Africa, the vacancies in the portfolio and Brexit related concerns. A recording of the Conference Call will be available on Texton’s website thereafter: http://www.texton.co.za/home Any financial information mentioned in this announcement or the Conference Call has not been reviewed or reported on by the Company’s auditors. Johannesburg 29 November 2017 Sponsor Merchantec Capital Date: 29/11/2017 10:00:00 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.