Update regarding Growthpoint’s final dividend in respect of the financial year ended 30 June 2018 Growthpoint Properties Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) Registration number 1987/004988/06 ISIN: ZAE000179420 JSE Share code: GRT ("Growthpoint” or “the Company”) UPDATE REGARDING GROWTHPOINT’S FINAL DIVIDEND IN RESPECT OF THE FINANCIAL YEAR ENDED 30 JUNE 2018 In its financial results for the year ended 30 June 2018, announced on Wednesday, 29 August 2018, (“results announcement”), Growthpoint advised its shareholders that the Board had agreed to offer shareholders a dividend re-investment alternative in terms of which a shareholder would be entitled to elect to reinvest all or part of the Final Dividend of 107.40 cents per share (“Final Dividend”) declared for the six months ended 30 June 2018, in new Growthpoint shares, subject to the right to withdraw that reinvestment alternative. Shareholders are now advised that, based on current market conditions and pricing of Growthpoint’s shares, a sub-committee of the Board appointed for this purpose has decided not to continue with offering the election for shareholders to re-invest the Final Dividend in new Growthpoint shares. Accordingly, shareholders are advised that they will receive their Final Dividend in full, in cash. The salient dates in respect of the payment of the Final Dividend remain unchanged from those set out in the results announcement. Sandton 10 September 2018 Sponsor: Investec Bank Limited Date: 10/09/2018 05:35:00 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.