Index Change Advice - 20180502 Unbundling of Fortress B by Resilient Resilient REIT (South Africa): Distribution in Specie of Fortress REIT Ltd (B) (South Africa) FTSE/JSE Africa Index Series 25 April 2018 Subject to the completion of a proposed distribution in specie of shares in Fortress REIT Ltd (B) (South Africa, constituent) for Resilient REIT (South Africa, constituent) shareholders and following notification from the exchange, please see details of affected indexes and effective dates below: Effective From Index Change Start of Trading FTSE/JSE Mid Cap Index (J201) Fortress REIT Ltd (B) (South Africa, 02 May 2018 ZAE000248506, BD9FS68) will remain in the index with an unchanged shares in issue total of 1,086,114,294 and an increased investability weighting from 69.8000000744124% to 80.9053900933379%. Resilient REIT (South Africa, ZAE000209557, BZ1MVY0) will remain in the index with an unchanged shares in issue total of 424,954,000 and an unchanged investability weighting of 70.9589910908%. FTSE/JSE All Share Index (J203) Fortress REIT Ltd (B) will remain in the 02 May 2018 index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Large and Mid Cap Index Fortress REIT Ltd (B) will remain in the 02 May 2018 (J206) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Financial 15 Index (J212) Fortress REIT Ltd (B) will remain in the 02 May 2018 index as detailed above. FTSE/JSE Equally Weighted Fortress REIT Ltd (B) will remain in the 02 May 2018 Financial 15 Index (J4EQ) index as detailed above. Effective From Index Change Start of Trading FTSE/JSE SA Listed Property Index Fortress REIT Ltd (B) will remain in the 02 May 2018 (J253) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Capped Property Index Fortress REIT Ltd (B) will remain in the 02 May 2018 (J254) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE RAFI All Share Index Fortress REIT Ltd (B) will remain in the 02 May 2018 (J263) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE RAFI All Share Capped Fortress REIT Ltd (B) will remain in the 02 May 2018 Index (J283) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Capped All Share Index Fortress REIT Ltd (B) will remain in the 02 May 2018 (J303) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Style Index (J330 and Fortress REIT Ltd (B) will remain in the 02 May 2018 J331) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE All Share Comprehensive Fortress REIT Ltd (B) will remain in the 02 May 2018 Factor Index (J203CF) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE All Share Yield Factor Fortress REIT Ltd (B) will remain in the 02 May 2018 Index (J203DF) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE All Share Low Voltaility Resilient REIT will remain in the index as 02 May 2018 Focused Factor Index (J203LF) detailed above. FTSE/JSE All Share Momentum Resilient REIT will remain in the index as 02 May 2018 Factor Index (J203MF) detailed above. FTSE/JSE All Share Quality Factor Resilient REIT will remain in the index as 02 May 2018 Index (J203QF) detailed above. Effective From Index Change Start of Trading FTSE/JSE All Share Size Factor Fortress REIT Ltd (B) will remain in the 02 May 2018 Index (J203SF) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE All Share Value Factor Fortress REIT Ltd (B) will remain in the 02 May 2018 Index (J203VF) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE All Share Volatility Factor Fortress REIT Ltd (B) will remain in the 02 May 2018 Index (J203VOF) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Shareholder Weighted All Fortress REIT Ltd (B) will remain in the 02 May 2018 Share Index (J403) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Capped Shareholder Fortress REIT Ltd (B) will remain in the 02 May 2018 Weighted All Share Index (J433) index as detailed above. Resilient REIT will remain in the index as detailed above. FTSE/JSE Shareholder Weighted Fortress REIT Ltd (B) will remain in the 02 May 2018 Top 40 Index Index (J400) index as detailed above. FTSE/JSE Capped Shareholder Fortress REIT Ltd (B) will remain in the 02 May 2018 Weighted Top 40 Index (J430) index as detailed above. FTSE/JSE Shareholder Weighted Fortress REIT Ltd (B) will remain in the 02 May 2018 Financial 15 Index (JSZ2) index as detailed above. Please Note: A capital repayment which is equivalent to the entitlement value of Fortress REIT Ltd (B) will be applied to Resilient REIT. For further information please contact FTSE Russell Client Services at info@ftserussell.com or indices@jse.co.za or call: Australia +1800 653 680 Hong Kong +852 2164 3333 Japan +81 3 3581 2764 London +44 (0) 20 7866 1810 New York +1866 551 0617 JSE Limited +27 11 520 7137 Alternatively please visit our website at www.ftserussell.com or www.ftsejse.co.za Terms of Use | Copyright © 2018 FTSE Russell Date: 25/04/2018 05:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 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