Listing of 9 882 753 SAProp Income securities as a result of the Amendments - CSPROP CoreShares Index Tracker Managers (RF) Proprietary Limited CoreShares SAProp Income Share Code: CSPROP ISIN: ZAE000273165 (previously) CoreShares PropTrax 10 ETF Share code: PTXTEN ISIN: ZAE000155362 A portfolio in the CoreShares Index Tracker Collective Investment Scheme (formerly Grindrod Index Tracker Collective Investment Scheme)(“the Scheme”) registered as such in terms of the Collective Investment Schemes Control Act, 45 of 2002, managed by CoreShares Index Tracker Managers (RF) Proprietary Limited (formerly Grindrod Index Tracker Managers Proprietary Limited)(“the Manager”) Listing of 9 882 753 SAProp Income securities as a result of the Amendments Investors are referred to the announcement released on SENS on 29 October 2019 regarding the final conversion ratio in respect of the amendments to the CoreShares Property Top Ten ETF and the CoreShares Proptrax Sapy ETF and are advised that 9 882 753 CoreShares SAProp Income securities have been listed on the JSE at an issue price of R14.91 per security. Following the listing there will be 27 022 621 CoreShares SAProp Income securities in issue with effect from 5 November 2019 5 November 2019 Sponsor Grindrod Bank Limited Date: 05/11/2019 10:30:00 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.