Update On Disposal Of Non-Core Assets And Acquisition Of Northgate Island SPEAR REIT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2015/407237/06) Share code: SEA ISIN: ZAE000228995 (Approved as a REIT by the JSE) (“Spear” or “the Company”) UPDATE ON DISPOSAL OF NON-CORE ASSETS AND ACQUISITION OF NORTHGATE ISLAND Shareholders are referred to the announcement published by the Company on SENS on 2 October 2018 detailing the disposal of certain non-core assets of Spear. Shareholders are hereby advised that the transfer of the respective non-core assets was registered at the deeds office today, 7 February 2019. Shareholders are furthermore referred to the announcement published by the Company on SENS on 6 December 2018 relating to the completion of the acquisition of Northgate Island. Shareholders are hereby advised that the transfer of Northgate Island is expected to be registered at the deeds office by 28 February 2019. 7 February 2019 Sponsor and Corporate Adviser PSG Capital Date: 07/02/2019 12:35:00 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.
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