Stock Exchange News Service

Change of CEO

MAS Real Estate Inc.
Registered in the British Virgin Islands
Registration number 1750199
JSE share code: MSP
ISIN: VGG5884M1041
LEI code: 213800T1TZPGQ7HS4Q13
(“MAS” or “the Company”)


Further to the announcement made on 17 October 2017, the Board of Directors is pleased to confirm that Morné
Wilken has taken up the position of Chief Executive Officer (“CEO”) of MAS with effect from 1 January 2018, following
the resignation of Lukas Nakos. Lukas Nakos ceased to be a director on 31 December 2017.

The chairman, Ron Spencer, commented:

‘The board thanks Lukas for his immense contribution to MAS, in terms of establishing and growing the business
during his 8-year tenure as CEO and he leaves with our very best wishes for the future. We warmly welcome Morné
to the role of CEO, having already worked closely with him as a non-executive of MAS and we believe that his past
experience and knowledge of our business makes him an ideal fit to build upon the wider business strategy and
enhance the strong relationship developed with Prime Kapital.’

MAS is listed on the Main Board of the JSE and the Euro MTF market of the LuxSE.

4 January 2018

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: 04/01/2018 12:00:00 
Supplied by
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.