Delisting of 5,000,000 shares MAS Real Estate Inc. Registered in the British Virgin Islands Registration number 1750199 SEDOL (EMTF): B96VLJ5 SEDOL (JSE): B96TSD2 JSE share code: MSP ISIN: VGG5884M1041 LEI: 213800T1TZPGQ7HS4Q13 (“MAS” or the “Company”) DELISTING OF 5,000,000 SHARES Shareholders are advised that confirmation has been received from the JSE Limited and the Luxembourg Stock Exchange (“LuxSE”) for the delisting of 5,000,000 (five million) shares (“the Shares”) in the Company. Delisting and cancellation of the Shares is with effect from today, 24 April 2018 and the total issued share capital of the Company after the delisting will be 645,343,798 ordinary shares of no par value. The Shares are forfeited and cancelled in terms of the rules of the MAS Share Purchase Scheme (“the Scheme”). After the delisting, 7,850,000 shares remain issued in accordance with the rules of the Scheme. MAS is listed on the Main Board of the JSE and is listed and admitted to trading on the Euro MTF market of the LuxSE. 24 April 2018 For further information please contact: Telephone Helen Cullen, Company Secretary, MAS Real Estate Inc. +44 1624 625 000 Java Capital, South African corporate advisor and JSE sponsor +27 11 722 3050 Charl Brand, M Partners, LuxSE listing agent +352 263 868 602 Date: 24/04/2018 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.