Stock Exchange News Service

Dealing In Securities By An Associate Of Directors

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
Registered as an external company in the Republic of South Africa
Registration number 2010/000338/10
JSE share code: MSP
ISIN: VGG5884M1041


Shareholders are advised of the following information relating to the dealing in securities by an associate of a
director and an alternate director of MAS:

Name of associate:                                     Argosy Capital Limited
Name of directors and relationship to directors:       Pierre Goosen and his alternate Dewald Joubert are
                                                       shareholders and directors of Argosy Capital Limited
Transaction date:                                      15 October 2015
Class of securities                                    Ordinary shares
Number of securities:                                  9 444 635
Price per security:                                    ZAR19.22
Total value of transaction:                            ZAR181 525 884.70
Nature of transaction:                                 On-market purchase
Nature and extent of director's interest:              Indirect beneficial

MAS is listed on the Euro MTF Market of the Luxembourg Stock Exchange and on the main board of the
Johannesburg Stock Exchange.

21 October 2015

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                              +44 1624 625000
Java Capital, JSE Sponsor                                                          +27 11 722 3050
Charl Brand, M Partners, Luxembourg                                                +352 263 868 602

Date: 21/10/2015 11:30:00 
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