Results Of Dividend Reinvestment Alternative FAIRVEST PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1998/005011/06) Share code: FVT ISIN: ZAE 000203808 (Approved as a REIT by the JSE) (“Fairvest”) RESULTS OF DIVIDEND REINVESTMENT ALTERNATIVE Shareholders are referred to the announcements released by Fairvest on the JSE’s Stock Exchange News Service (“SENS”) on 1 March 2018 and 22 March 2018 relating to the declaration of an interim gross distribution, made out of income reserves, of 9.806 cents per Fairvest share for the six-month period ended 31 December 2017 (“Cash Dividend”) and the finalisation of the dividend reinvestment alternative (“Reinvestment Alternative”). Shareholders holding 346 479 041 Fairvest shares, representing 40.2% of Fairvest shares in issue and qualifying to receive the dividend, elected the Reinvestment Alternative, resulting in the issue of 16 284 045 new ordinary Fairvest shares of no par value and the retention of R33.96 million of equity by Fairvest (based on the issue price of R2.08524 per new share). Accordingly, an aggregate Cash Dividend of R50.46 million is payable in respect of the remaining 514 621 104 Fairvest shares in issue. Electronic payment of the Cash Dividend to certificated shareholders will occur today, 9 April 2018, while new share certificates in respect of certificated shareholders who elected to participate in the Reinvestment Alternative will be posted to such shareholders on Wednesday, 11 April 2018, at their own risk. The Central Securities Depository Participants (“CSDP”) or broker accounts in respect of dematerialised shareholders who elected to receive the Cash Dividend will be credited today, 9 April 2018, and the CSDP or broker accounts in respect of dematerialised shareholders who elected the Reinvestment Alternative will be credited with their new shares and residual cash payments for fractional entitlements on Wednesday, 11 April 2018, in line with the settlement dates stated in Fairvest’s SENS announcement dated 1 March 2018. 9 April 2018 Cape Town Sponsor PSG Capital Date: 09/04/2018 12:45:00 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.