Stock Exchange News Service

Dealings in securities by directors of MAS

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” or “the Group“)


DEALINGS IN SECURITIES BY DIRECTORS OF MAS


In accordance with the JSE Listings Requirements, shareholders are advised of the following information relating to
dealings in securities by a director of MAS:

 Name of director:                                     Brett Nagle
 Transaction date:                                     26 February 2021
 Class of securities:                                  Ordinary shares
 Number of securities:                                 63,470
 Highest traded price per security on the market on    ZAR 14.26
 the day:
 Weighted average price per security:                  ZAR 14.08938
 Lowest traded price per security on the market on     ZAR13.89
 the day:
 Total value of transaction:                           ZAR 894,252.70
 Nature of transaction:                                On-market purchase through the JSE
 Nature and extent of director's interest:             Direct beneficial
 Clearance to deal received:                           Yes

Following the appointment of Irina Grigore as CFO and executive director of MAS on 24 February 2021, shareholders
are advised of the following information relating to the acceptance of loans to acquire scheme shares pursuant to the
MAS Share Purchase Scheme (the “Loans” and “Share Scheme” respectively).

Irina accepted Loans to acquire scheme shares in terms of the Share Scheme through a subsidiary of the Group, which
represents an associate of the executive director by virtue of her indirect beneficial interest in the subsidiary:

 Name of director:                                     Irina Grigore
 Transaction date:                                     2 March 2021
 Class of securities:                                  Ordinary shares
 Number of securities:                                 112,327
 Price per security*:                                  ZAR 13.22955
 Total value of transaction / loan:                    ZAR 1,489,405.47
 Nature of transaction:                                Off-market acceptance of scheme shares offered in terms of
                                                       the Share Scheme
 Nature and extent of director's interest:             Direct beneficial
*The price of the scheme shares, being the 5-day volume weighted average price of a share on the JSE immediately
preceding the date on which the scheme shares were offered to the participant, was determined on 24 February 2021.


2 March 2021

For further information please contact:
Dan Petrisor, MAS Real Estate Inc.                                               +40 741 184 921
Java Capital, JSE Sponsor                                                        +27 11 722 3050

Date: 02-03-2021 05:30:00

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