Stock Exchange News Service

Results Of Distribution Election And Issue Of New Shares

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
(“MAS” or the “Company”)


Shareholders are referred to the previous announcements, the last of which was released on 23 October 2015, in
respect of the Company’s final distribution of 2.20 euro cents per share for the year ended 30 June 2015 (the

The Company hereby announces that a total of 2 667 741 new shares (“New Shares”) were listed today on both the
Euro MTF market of the Luxembourg Stock Exchange (“LuxSE”) and the Main Board of the JSE Limited (“JSE”) and
were issued to those shareholders who did not elect to receive the Distribution in cash (“Cash Distribution”). The
New Shares will rank pari passu in every respect with existing listed shares of the Company and are fully fungible with
effect from listing.

Following the issue of the New Shares in the Company, the total issued share capital of the Company will increase to
294 455 630 ordinary shares.

Certificated shareholders who did not elect to receive the Cash Distribution should note that share certificates were
posted to shareholders today. Cheques in respect of the Cash Distribution were dispatched today to shareholders who
elected to receive the Cash Distribution.

Dematerialised shareholders should note that the CREST, CSDP and Broker accounts holding dematerialised shares
are in the process of being credited, according to the elections made.

MAS is listed on the Euro MTF Market of the Luxembourg Stock Exchange and on the Main Board of the JSE.

11 November 2015

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

Date: 11/11/2015 01:30:00 
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