FORTRESS REAL ESTATE INVESTMENTS LIMITED - Dealings in securities by a director of the company

Dealings in securities by a director of the company

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share code: FFB
ISIN: ZAE000248506
Bond company code: FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


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

 Name of director:                                                     Steven Brown
 Transaction date:                                                     19 March 2024
 Class of securities:                                                  Fortress B ordinary shares
 Number of securities:                                                 120 000
 Highest traded price per security on the market on the day:           R15.64
 Weighted average price per security:                                  R15.59221
 Lowest traded price per security on the market on the day:            R15.42
 Total value:                                                          R1 871 065.72
 Nature of transaction                                                 On-market purchase of shares
 Nature and extent of director's interest:                             Direct beneficial
 Clearance to deal received:                                           Yes

Shareholders and noteholders are also advised of the following information relating to a pledge and cession of Fortress B
ordinary shares by a director of Fortress as security for a loan of R5.6 million which has no fixed repayment date and is
callable on 30 days' notice (the "financial obligation"), concluded with Peresec Prime Brokers.

 Name of director:                                                     Steven Brown
 Transaction date:                                                     19 March 2024
 Class of securities:                                                  Fortress B ordinary shares
 Number of securities:                                                 174 680
 Deemed price per security*:                                           R15.60
 Deemed total value:                                                   R2 725 008.00
 Nature of transaction                                                 Off-market pledge and cession of ordinary shares as
                                                                       security for the financial obligation
 Nature and extent of director's interest:                             Direct beneficial
 Clearance to deal received:                                           Yes
* Closing price on 19 March 2024

25 March 2024


Lead sponsor           Joint sponsor                                   Debt sponsor
Java Capital           NedbankCorporate and Investment Banking,        Rand Merchant Bank
                       (a division of Nedbank Limited)                 (a division of First Rand Bank Limited)
Date: 25-03-2024 05:35:00
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