Stock Exchange News Service

Results of the distribution election for the year ended 30 June 2016

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
Registered as an external company in the Republic of South
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 27 October 2016, in
respect of the distribution of 2.23 euro cents per share for the year ended 30 June 2016 (the “Distribution”).

The Company hereby announces that a total of 6,317,591 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
380,583,836 ordinary no par value 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 dual primary listed on the Main Board of the JSE and the Euro MTF Market of the LuxSE.

2 November 2016

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

Date: 02/11/2016 10:00:00 
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