Change in nature of associate’s holdings of the company’s securities Exemplar REITail Limited (Formerly McCormick REITail Fund Limited) (Incorporated in the Republic of South Africa) (Registration number 2018/022591/06) Approved as a REIT by the JSE JSE share code: EXP ISIN: ZAE000257549 ("Exemplar" or "the company") CHANGE IN NATURE OF ASSOCIATE'S HOLDINGS OF THE COMPANY'S SECURITIES Shareholders are advised that, on 3 August 2018, The John McCormick Family Trust ("JMFT") agreed to dispose of 138 409 503 Exemplar ordinary shares to McCormick Property Development Proprietary Limited ("MPD") at a price of R10.55 per share for a total transaction value of R1 460 220 256.65; and Chris Hani Crossing Proprietary Limited ("Chris Hani Crossing") agreed to dispose of 46 164 625 Exemplar ordinary shares to MPD at a price of R10.55 per share for a total transaction value of R487 036 793.75. As a result of the above-mentioned disposals, MPD acquired 184 574 128 Exemplar ordinary shares at a price of R10.55 per share for a total transaction value of R1 947 257 050.40. JMFT is an associate of John McCormick and Jason McCormick as John McCormick is a trustee and beneficiary of JMFT and Jason McCormick is a beneficiary of JMFT. Chris Hani Crossing is an associate of John McCormick and Jason McCormick as John McCormick and Jason McCormick are directors of Chris Hani Crossing which is a wholly- owned subsidiary of JMFT. MPD is an associate of John McCormick as he is a director of MPD and MPD is a wholly-owned subsidiary of JMFT. Accordingly, following the transactions, there is no change in the indirect beneficial interests of either John McCormick or Jason McCormick in the Exemplar ordinary shares. These transactions were conducted off-market and clearance to deal was obtained. 6 August 2018 Sponsor Java Capital Date: 06/08/2018 09:51:00 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.
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