Provision Of Financial Assistance FAIRVEST PROPERTY HOLDINGS LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1998/005011/06) Share code: FVT ISIN: ZAE000203808 (Approved as a REIT by the JSE) (“Fairvest” or “the Company”) PROVISION OF FINANCIAL ASSISTANCE Shareholders are referred to Special Resolution Number 3, relating to the provision of direct or indirect financial assistance in terms of section 45 of the Companies Act, No 71 of 2008 (“Companies Act”) to related or inter- related companies, which was approved at the annual general meeting of Fairvest on 14 November 2018. Fairvest shareholders are notified in terms of section 45(5)(a) of the Companies Act, that the board of directors of the Company (“Board”) approved the provision of financial assistance (“Board Resolution”), pursuant to the above shareholder approval, to Southview Shopping Centre Proprietary Limited (“Southview”), a subsidiary of Fairvest. This new financial assistance should be read with the previous financial assistance to Southview referred to in the SENS announcement on 8 November 2017. This new Board approval authorises financial assistance by way of a guarantee of R48,000,000 issued by Fairvest to ABSA Bank Limited. This has been provided as security for a bank loan raised by Southview. The financial assistance provided, as detailed above, is greater than one-tenth of 1% of Fairvest’s net worth as at the date of the Board Resolution. Prior to authorising the aforementioned financial assistance, the Board considered and satisfied itself, in terms of section 45 of the Companies Act, that (1) immediately after providing the financial assistance, the Company would satisfy the solvency and liquidity test as contemplated in section 4 of the Companies Act, (2) there has been due compliance with the Company’s memorandum of incorporation and (3) the terms of the financial assistance are fair and reasonable to the Company. Cape Town 13 March 2019 Sponsor PSG Capital Date: 13/03/2019 03:40:00 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.