Refinancing and extension of loan New Frontier Properties Ltd (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number 123368C1/GBL) SEM share code: NFP.N000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or “the Company”) REFINANCING AND EXTENSION OF LOAN The board of directors of New Frontier is pleased to announce that the Company has refinanced and extended the term of the existing £108.2 million loan with HSBC on 30 November 2017. The loan is for a term of 5 years at the same interest rate margin as previously agreed in April 2015. The multi-jurisdictional loan facility provides funding for the shopping centres in Middlesbrough and Burton upon Trent together with the recently acquired Dublin property. New Frontier holds primary listings on the Stock Exchange of Mauritius Ltd (“SEM”) and the Alternative Exchange of the Johannesburg Stock Exchange (“JSE”). 4 December 2017 This notice is issued pursuant to SEM Listing Rule 11.3. The board of New Frontier Properties Ltd accepts full responsibility for the accuracy of the information in this notice For further information please contact: JSE sponsor Java Capital +27 11 722 3050 Company secretary Osiris Corporate Solutions (Mauritius) Ltd +230 650 4030 Date: 04/12/2017 11:00:00 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.