Update on the form of proxy and confirmation of time of annual general meeting TRANSCEND RESIDENTIAL PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) Registration number 2016/277183/06 JSE share code: TPF ISIN: ZAE000227765 (Approved as a REIT by the JSE) (“the Company”) UPDATE ON THE FORM OF PROXY AND CONFIRMATION OF TIME OF ANNUAL GENERAL MEETING Shareholders are referred to the form of proxy forming part of the notice of annual general meeting (“AGM”) which was posted to shareholders on Thursday, 26 April 2018, and are advised that the time of AGM appearing on the form of proxy should be 15:00 on Tuesday, 29 May 2018 South African time and not 10:00 as incorrectly indicated. Shareholders are reminded that forms of proxies should be lodged at, or posted to the Company’s transfer secretaries, Link Market Services South Africa (Pty) Ltd, 13th Floor, 19 Ameshoff Street, Braamfontein 2001 (PO Box 4844, Johannesburg, 2000) or e-mailed to meetfax@linkmarketservices.co.za by Friday, 25 May 2018 to facilitate administration. Alternatively, the form of proxy may be handed to the chairman of the AGM or the transfer secretaries at any time prior to the commencement of the AGM or prior to voting on any resolution proposed at the AGM. 16 May 2018 Designated advisor Java Capital Date: 16/05/2018 04:51:00 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.