Sectors Shares

Castleview Property Fund Limited - Trading Statement

Release Date: 16/05/2018 13:45
Code(s): CVW
 
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Trading statement

CASTLEVIEW PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2017/290413/06)
JSE share code: CVW
ISIN: ZAE000251633
("Castleview" or "the company" or "the group")

TRADING STATEMENT

In terms of the JSE Listings Requirements, property companies are required to publish a trading statement as soon as
they are satisfied that a reasonable degree of certainty exists that the financial results for the period to be reported on
next will differ by at least 15% from the forecast previously provided to the market. Given the nature of its business,
Castleview uses dividend per share as its key performance measure.

Accordingly, shareholders are advised that the company anticipates that its dividend per share for the eight months
ended 28 February 2018 will be 16.7 cents per share, being 39.17% higher than the forecast dividend per share of
12 cents per share published in Castleview's pre-listing statement issued on 13 December 2017 ("forecast dividend").

The variance relates to the board recommending that net income, previously forecast to be retained, will now be
distributed as part of the dividend.

The financial information on which this trading statement has been based has not been reviewed or reported on by the
company's auditors. The financial results of Castleview for the eight months ended 28 February 2018 will be
published on or about 17 May 2018.

16 May 2018

Designated advisor

Java Capital

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