NEW FRONTIER PROPERTIES LIMITED - Rebosis to motivate to restructure New Frontier

Rebosis to motivate to restructure New Frontier

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")

REBOSIS TO MOTIVATE TO RESTRUCTURE NEW FRONTIER

New Frontier notes that, at the Rebosis Property Fund Limited ("Rebosis") results presentation held on 8 May
2018, Rebosis informed its shareholders that Rebosis may motivate to restructure New Frontier including,
inter alia, to propose the delisting of New Frontier and/or the internalisation of New Frontier's asset
management.

New Frontier holds primary listings on the Stock Exchange of Mauritius ("SEM") and the Alternative
Exchange of the JSE.

10 May 2018

This notice is issued pursuant to SEM Listing Rules 11.3. The board of directors 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

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