Notification and public disclosure of transactions by persons discharging mangerial responsibilities

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 (JSE): B96TSD2
JSE share code: MSP
ISIN: VGG5884M1041
(“MAS” or the “Company”)


NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL
RESPONSIBILITIES AND PERSONS CLOSELY ASSOCIATED WITH THEM


 1.   Details of the person discharging managerial responsibilities/person closely associated
            1
 a)   Name                         Jonathan Knight

 2.   Reason for the notification
                        2
 a)   Position / status               Director
      Initial notification /
                     3
 b)   amendment                       Initial notification


      Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction
 3.   monitor
            4
 a)   Name                          MAS Real Estate Inc.
          5
 b)   LEI

      Details of the transaction(s)
      section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv)
 4.   each place where transactions have been conducted
      Description of the financial
      instrument, type of
                   6
 a)   instrument                     Ordinary Shares
      Identification code7           ISIN: VGG5884M1041
                                     On-market purchase through the Johannesburg Stock
                                 8
 b)   Nature of the transaction      Exchange
                                     Price(s)                         Volume(s)
                              9
 c)   Price(s) and volume(s)         ZAR 187,426.72                   9 865
      Aggregated information
                              10
      — Aggregated volume            N/A
               11
 d)   — Price                        N/A
                              12
 e)   Date of the transaction        09-Sep-16
                                 13
 f)   Place of the transaction        Johannesburg Stock Exchange

The information contained in this announcement was released on 14 September 2016.

This notification is being published in compliance with the EU Market Abuse Regulations and contains no additional
information from the announcement released on 14 September 2016.

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


28 September 2016

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
{M142/00190284.DOC/ANNOUNCE/SJ}

Date: 28/09/2016 05:45:00 
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