Stock Exchange News Service

Trading Statement

 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” )


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 2017 will be 3.58 euro cents per share, being 12.2% higher than the final distribution per
share of 3.19 euro cents for the six-month period to 30 June 2017 and being 34.6% higher than the interim distribution
per share of 2.66 euro cents for the six-month period ended 31 December 2016.

The board of MAS will continue to supplement distributions from retained earnings, capital and other profits as it
deems appropriate during forthcoming financial periods, as the group pursues earnings-accretive real estate
acquisitions and developments. The financial information 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 2017 will be published on or about 26 February

20 February 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: 20/02/2018 05:30:00 
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