Disclosure of Beneficial Interest in Texton Securities TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE Incorporated in the Republic of South Africa (Registration number 2005/019302/06) Share code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) DISCLOSURE OF BENEFICIAL INTEREST IN TEXTON SECURITIES In compliance with section 122(3)(b) of the Companies Act, 2008 (Act 71 of 2008), as amended (“Companies Act”) and paragraph 3.83(b) of the Listings Requirements of JSE Limited, shareholders are advised that Texton has received notification in terms of section 122(1) of the Companies Act that: - Oak Tech Trading Proprietary Limited has increased its beneficial interest in the securities of the Company such that the entire beneficial interest of it and persons with whom it is acting in concert, amounts to 21.89% of the total number of securities in issue; and - Coronation Asset Managers Proprietary Limited, on behalf of its clients, has decreased its beneficial interest in the securities of the Company such that its entire remaining beneficial interest amounts to 9.95% of the total number of securities in issue. As required in terms of section 122(3)(a) of the Companies Act, Texton has filed the required notices with the Takeover Regulation Panel. Johannesburg 24 October 2019 Sponsor Merchantec Capital Date: 24/10/2019 05:22:00 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.