Trading Statement Putprop Limited Incorporated in the Republic of South Africa (Registration number 1988/001085/06) Share code: PPR ISIN: ZAE000072310 (“Putprop”) TRADING STATEMENT In terms of the Listings Requirements of JSE Limited, companies are required to publish a trading statement as soon as they become reasonably certain that the financial results for the period to be reported on will differ by more than 20% from that of the previous corresponding period. Accordingly, a review of the financial results for the year ended 30 June 2019 by management has indicated that: - the earnings per share (“EPS”) is expected to be between 73.35 cents and 76.47 cents, reflecting an increase of between 371.1% and 391.1% compared to the EPS of 15.57 cents for the year ended 30 June 2018; and - the headline earnings per share (“HEPS”) is expected to be between 60.71 cents and 72.61 cents, reflecting an increase of between 2.0% and 22.0% compared to the HEPS of 59.53 cents for the year ended 30 June 2018. The financial information on which this trading statement is based has not been reviewed or reported on by Putprop’s auditors. Putprop's financial results are expected to be released on SENS on or about 27 September 2019. Johannesburg 20 September 2019 Sponsor Merchantec Capital Date: 20/09/2019 04:15:00 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.