Supplement to the finalisation announcement of 23 July 2015 and cautionary announcement ASCENSION PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2006/026141/06) JSE share code: AIA ISIN: ZAE000204566 JSE share code: AIB ISIN: ZAE000204574 (Approved as a REIT by the JSE) (“Ascension” or “the company”) SUPPLEMENT TO THE FINALISATION ANNOUNCEMENT OF 23 JULY 2015 AND CAUTIONARY ANNOUNCEMENT The company is currently in discussions with the JSE regarding the continued listing of the Ascension A shares and the Ascension B shares in the Diversified REITs sector of the JSE. Pursuant to the implementation of the B scheme, as defined in the joint finalisation announcement released over SENS on 23 July 2015 by Rebosis Property Fund Limited and the company, the listing of the Ascension B shares will be terminated from the commencement of trade on Monday, 17 August 2015. Accordingly, the reference in that announcement to the “temporary suspension” of trading of Ascension B shares on Friday, 7 August 2015 is hereby corrected to the “suspension” of trading of Ascension B shares on Friday, 7 August 2015, as such suspension is not temporary. Shareholders are advised that, subject to the approval of the JSE: – - in due course the Ascension B shares may be relisted in the Diversified REITs sector of the JSE, subject to the achievement of sufficient shareholder spread in the Ascension B shares; alternatively - the listing of the Ascension A shares may be moved from the Diversified REITs sector of the Main Board to the interest rate market with the result that the company will no longer be governed in accordance with, inter alia, sections 5, 9 and 10 of the JSE Listings Requirements. Accordingly, Ascension A shareholders are advised to exercise caution when dealing in the company’s securities until a full announcement in this regard is made. 6 August 2015 Sponsor Java Capital Date: 06/08/2015 05:03:00 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.