Completion of acquisition of property portfolio in Germany

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
SEDOL (XLUX): B96VLJ5
SEDOL (ALTX): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
(“MAS”)


COMPLETION OF ACQUISITION OF PROPERTY PORTFOLIO IN GERMANY


INTRODUCTION

Further to the announcement made on 5 April 2016, shareholders are advised that MAS has, through three
wholly-owned subsidiaries, Brandenburg Capital S.à.r.l., Magdeburg Capital S.à.r.l. and Leipzig Capital S.à.r.l.,
completed the acquisition of a portfolio of twenty properties (the “properties”) throughout northern and central
Germany (the “acquisition”).


RATIONALE AND SALIENT TERMS OF THE ACQUISITION

There are no changes to the rationale and salient terms of the acquisition which were set out in the
announcement on 5 April 2016. The purchase price for the properties is EUR56 010 400 and the annual rent roll
from the tenant, Edeka MIHA AG, is EUR3 849 000 per annum.


EFFECTIVE DATE

The acquisition was completed in two phases. Phase 1, Brandenburg Capital S.à.r.l., completed on 31 July 2016
and phase 2, Magdeburg Capital S.à.r.l., and Leipzig Capital S.à.r.l., completed on 31 August 2016.

This announcement is voluntary and for information purposes only.

MAS holds a dual primary listing on the Main Board of the JSE and the Euro MTF Market of the LuxSE.


7 September 2016

For further information please contact:
Helen Cullen, Company Secretary, MAS Real Estate Inc.                              +44 1624 625 000
Java Capital, JSE Sponsor                                                          +27 11 722 3050
Charl Brand, M Partners, Luxembourg                                                +352 263 868 602

Date: 07/09/2016 05:00:00 
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