FORTRESS REIT LIMITED - FORI - Update to the Financial Covenants Notification

FORI - Update to the Financial Covenants Notification

Fortress REIT Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2009/016487/06)
LEI: 378900FE98E30F24D975
Company code: FORI
(Approved as a REIT by the JSE)
(the “Issuer”)

UPDATE TO THE FINANCIAL COVENANTS NOTIFICATION

Further to the announcement released on SENS on 26 February 2021, in relation to the testing and
passing of the Issuer’s financial covenants applicable to the listed notes, the Issuer hereby confirms
that the Loan to Value Ratio as at 31 December 2020 was 39,2%.

10 March 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 10-03-2021 05:06:00
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