Distribution of the Integrated Annual Report Report, No Change Statement and Notice of Annual General Meeting Accelerate Property Fund Limited (Incorporated in the Republic of South Africa) Registration number 2005/015057/06 Share code: APF ISIN: ZAE000185815 Bond code: APFE (“Accelerate” or “the Company”) (Approved as a REIT by the JSE) DISTRIBUTION OF THE INTEGRATED ANNUAL REPORT, NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Distribution of the integrated annual report Shareholders are advised that the integrated annual report (“Integrated Report”), containing the audited consolidated annual financial statements for the year ended 31 March 2019 and the notice of annual general meeting (“AGM”) is available on the Company’s website at www.acceleratepf.co.za. The summarised audited consolidated annual financial statements and notice of AGM will be distributed to shareholders today, Wednesday, 26 June 2019. No change statement The Integrated Report contains no modifications to the consolidated financial results for the year ended 31 March 2019 that were published on the Stock Exchange News Service of the JSE Limited (“JSE”) on Thursday, 20 June 2019 or the independent external auditors report in respect thereof. The annual financial statements were audited by Ernst & Young Inc. and their unmodified audit report is available for inspection at Accelerate’s registered office. Notice of Annual General Meeting Notice is hereby given that the Company’s AGM will be held at Accelerate’s registered office in the main boardroom, Cedar Square Shopping Centre, Management Office, 1st Floor, Cnr Willow Avenue and Cedar Road, Fourways, Johannesburg on Wednesday, 24 July 2019 at 10:00. The forms of proxy should be lodged with the Transfer Secretaries, Computershare Investor Services Proprietary Limited, by no later than 10:00 on Tuesday, 23 July 2019. The record date for shareholders to participate in and vote at the AGM is Friday, 19 July 2019. Accordingly, the last day to trade to participate in and vote at the AGM is Tuesday, 16 July 2019. Fourways 26 June 2019 Sponsor The Standard Bank of South Africa Limited Date: 26/06/2019 08:30:00 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.