Exploring Listing On The Main Market Of The London Stock Exchange 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”) EXPLORING LISTING ON THE MAIN MARKET OF THE LONDON STOCK EXCHANGE Grit hereby announces that it is exploring a potential premium listing on the Main Market of the London Stock Exchange (“LSE”), as a result of existing and potential stakeholders demand for a potential LSE listing. Grit will be meeting with existing and potential stakeholders in the following weeks to discuss the potential LSE listing. The decision to proceed with a potential LSE listing will be made in due course and will be dependent on, inter alia, regulatory considerations, Board approval and market conditions. Grit is a pan-African property income fund focusing on African real estate assets (excluding South Africa), underpinned by predominantly US Dollar and Euro-denominated medium to long-term leases with high quality global graded tenants delivering sustainable income and growth. The shareholders of Grit and the investing public in general will be kept informed of all further developments in connection with the above. Grit currently has its primary listings on both the Official Market of the Stock Exchange of Mauritius Ltd and the Main Board of the JSE Limited, which listings will be retained in the event that the LSE lising proceeds. By order of the Board 23 February 2018 JSE sponsor: PSG Capital SEM authorised representative and sponsor: Perigeum Capital Directors: Sandile Nomvete (chairman), Bronwyn Corbett*, Leon van de Moortele*, Peter Todd+ (lead independent), Chandra Gujadhur+, Ian Macleod+, Catherine McIlraith+ , Matshepo More, Nomzamo Radebe, and Maheshwar Doorgakant# (*executive director) (#alternate to Mr Gujadhur)(+ independent) 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 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 the Company accepts full responsibility for the accuracy of the information contained in this communiqué. Date: 23/02/2018 08:00:00 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.