Stock Exchange News Service

Results of the distribution election for the year ended 30 June 2017

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
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or the “Company”)


Shareholders are referred to the previous announcements, the last of which was released on Thursday,
5 October 2017, in respect of the distribution of 3.19 euro cents per share for the year ended 30 June 2017 (the

The Company hereby announces that a total of 6 250 082 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 the existing listed shares of the Company and are fully fungible with
effect from listing.

Following the issue of the New Shares in the Company and the listing thereof on both the LuxSE and the JSE, the
total issued and listed share capital of the Company will increase to 564 008 369 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 listed on the Euro MTF market of the LuxSE and on the Main Board of the JSE.

11 October 2017

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: 11/10/2017 11:00:00 
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