Results of dividend reinvestment alternative CASTLEVIEW PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2017/290413/06) JSE share code: CVW ISIN: ZAE000251633 (Approved as a REIT by the JSE) (“Castleview”) RESULTS OF DIVIDEND REINVESTMENT ALTERNATIVE Shareholders are referred to the declaration of a cash dividend of 18.26000 cents per share (the “cash dividend”) with an election to reinvest the dividend in return for Castleview shares (the “dividend reinvestment alternative”) announced on SENS on Tuesday, 19 November 2019 and the announcement of the reinvestment price per new share (being R5.07 per share) applicable to Castleview shareholders electing the share alternative released on SENS on Tuesday, 26 November 2019. All shareholders elected to receive the dividend reinvestment alternative, resulting in the issue of 1 188 521 new Castleview shares and Castleview retaining R6 025 800.00 (based on the issue price of R5.07 per new share after accounting for the applicable dividend withholding tax in respect of non-resident shareholders) in new equity. The Central Securities Depository Participants or broker custody accounts of dematerialised shareholders will be credited on Wednesday, 11 December 2019 with their new Castleview shares. 9 December 2019 Corporate Advisor and Designated Advisor Java Capital Date: 09-12-2019 03:49:00 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.