Postponement of Release of Company Results TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE Incorporated in the Republic of South Africa (Registration number 2005/019302/06) Share code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) POSTPONEMENT OF RELEASE OF COMPANY RESULTS Shareholders are referred to the Cautionary Announcement released on SENS on 23 August 2018 (and using terms defined therein), in terms of which shareholders were advised that the Company has received communication from the PIC relating to the funding granted by GEPF to BEE SPV and the Put Option which was granted by Texton to GEPF. Accordingly, shareholders are hereby advised that the publication of the Company’s results for the year ended 30 June 2018, which were due to be released on SENS on Monday 3 September 2018, will be postponed. The Company’s results presentations, which were due to be held on 3 and 4 September 2018 in Johannesburg and Cape Town respectively, have been cancelled until further notice. This matter continues to be a priority for Texton’s Board of Directors and its advisors, and all processes will be followed in the responsible management of shareholder interests. Essential to this is the commitment to transparent and open communication with shareholders and all stakeholders, therefore the Company will provide further announcements as soon as it is in the position to do so. Shareholders will be advised as to the revised release date of the Company’s financial results and its results presentation, which release date will be no later than 28 September 2018 in compliance with the JSE Listings Requirements. Johannesburg 31 August 2018 Sponsor Merchantec Capital Date: 31/08/2018 10:55:00 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.