FORTRESS REIT LIMITED - Dealings in securities by a director and the company secretary of the company

Dealings in securities by a director and the company secretary of the company

FORTRESS REIT LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes:       FFA ISIN: ZAE000248498
                       FFB ISIN: ZAE000248506
Bond company code:     FORI
LEI: 378900FE98E30F24D975
(Approved as a REIT by the JSE)
(“Fortress” or “the company”)


DEALINGS IN SECURITIES BY A DIRECTOR AND THE COMPANY SECRETARY OF THE
COMPANY


Shareholders and noteholders are advised of the following information relating to the dealings in securities by
a director and the company secretary of Fortress:

Name of director:                                              Steven Brown
Transaction date:                                              11 November 2021
Class of securities:                                           Fortress B ordinary shares
Number of securities:                                          100 000
Highest traded price per security on the market on the day:    R2.90
Weighted average price per security:                           R2.81500
Lowest traded price per security on the market on the day:     R2.75
Total value:                                                   R281 500.00
Nature of transaction:                                         On-market purchase
Nature and extent of director’s interest:                      Direct beneficial
Clearance to deal received:                                    Yes

Name of director:                                              Steven Brown
Transaction date:                                              12 November 2021
Class of securities:                                           Fortress B ordinary shares
Number of securities:                                          150 000
Price per security:                                            R2.88
Total value:                                                   R432 000.00
Nature of transaction:                                         On-market purchase
Nature and extent of director’s interest:                      Direct beneficial
Clearance to deal received:                                    Yes

34 680 Fortress A ordinary shares and 1 418 050 Fortress B ordinary shares have been pledged as security
for a loan of R2 613 013.00, for a term not exceeding 3 years.

Name of company secretary:                                     Tamlyn Stevens
Transaction date:                                              12 November 2021
Class of securities:                                           Fortress A ordinary shares
Number of securities:                                          15 036
Price per security:                                            R13.00
Total value:                                                   R195 468.00
Nature of transaction:                                         On-market sale
Nature and extent of company secretary’s interest:             Direct beneficial
Clearance to deal received:                                    Yes

Name of company secretary:                                     Tamlyn Stevens
Transaction date:                                              12 November 2021
Class of securities:                                           Fortress B ordinary shares
Number of securities:                                          15 036
Price per security:                                            R2.90
Total value:                                                   R43 604.40
Nature of transaction:                                         On-market sale
Nature and extent of company secretary’s interest:             Direct beneficial
Clearance to deal received:                                    Yes

15 November 2021


Lead sponsor            Joint sponsor                               Debt Sponsor
Java Capital            Nedbank Corporate and Investment Banking,   Rand Merchant Bank
                        (a division of Nedbank Limited)             (a division of First Rand Bank Limited)

Date: 15-11-2021 04:19:00
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.