Stock Exchange News Service

Trading Statement

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”)


In terms of the JSE Listings Requirements, property entities are required to publish a trading statement as soon as
they are satisfied that a reasonable degree of certainty exists that the distribution per share for the next reporting
period will differ by at least 15% from the distribution per share for the previous corresponding reporting period.

Accordingly, shareholders are advised that MAS anticipates that its interim distribution per share for the six-month
period ended 31 December 2016 will be between 2.62 euro cents and 2.70 euro cents, being between 15.4% and
18.9% higher than the interim distribution per share of 2.27 euro cents for the six-month period ended
31 December 2015. This distribution per share is in line with the Company’s expectation of 30% growth for the year.

MAS pays a distribution twice per year. The final distribution per share for the year ended 30 June 2016 was 2.23 euro
cents. The total distribution per share for the year ended 30 June 2016 was therefore 4.5 euro cents per share.

The financial information and distribution growth guidance on which this trading statement is based has not been
reviewed or reported on by MAS’ auditors.

The financial results for the six-month period ended 31 December 2016 will be published on 27 February 2017.

20 February 2017

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: 20/02/2017 08:00:00 
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