Publication of Rule 2.7 announcement in relation to the partial offer for and subscription in Capital & Regional plc Growthpoint Properties Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) (Registration number 1987/004988/06) Share code: GRT ISIN ZAE000179420 ("Growthpoint") Publication of Rule 2.7 Announcement in Relation to the Partial Offer for, and Subscription in Capital & Regional plc (the “Transaction”) Shareholders are referred to the announcement published this morning where the directors of Growthpoint and Capital & Regional plc announced the Transaction that will result in Growthpoint holding approximately 51.2 per cent of the enlarged issued ordinary share capital of Capital & Regional plc. The announcement is available at https://m.londonstockexchange.com/exchange/news/market- news/market-news-detail/other/14269131.html Norbert Sasse, Growthpoint’s Chief Executive Officer will host a conference call at 16:15 (South Africa time) today to provide investors with an update in relation to the Transaction. The conference call dial in details are as follows: +27 (0) 11 535 3600 +27 (0) 10 201 6800 No passcode is required A presentation will be made available on Growthpoint’s website at www.growthpoint.co.za ahead of the conference call. 17 October 2019 Goldman Sachs International Financial advisor to Growthpoint Investec Bank Limited Sponsor to Growthpoint Enquiries: Growthpoint Properties Limited Lauren Turner (Investor Relations) +27 11 944 6000 Date: 17/10/2019 08:39:00 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.