Withdrawal of joint cautionary announcement DELTA PROPERTY FUND LTD REBOSIS PROPERTY FUND LTD (Incorporated in the Republic of South Africa) (Incorporated in the Republic of South Africa) (Registration number 2002/005129/06) (Registration number 2010/003468/06) JSE share code: DLT JSE share codes: REA ISIN: ZAE000240552 JSE Alpha code: DLTI REB ISIN: ZAE000201687 (Approved as a REIT by the JSE) JSE alpha code: REBI (“Delta”) (Approved as a REIT by the JSE) (“Rebosis”) _________________________________________________________________________________ WITHDRAWAL OF JOINT CAUTIONARY ANNOUNCEMENT __________________________________________________________________________________ Shareholders of Delta and Rebosis (the “Parties”) are referred to the joint cautionary announcements released on SENS on 6 August 2019, 18 September 2019, 28 October 2019, 9 December 2019 and 24 January 2020, which indicated that the respective boards of the Parties had, in-principle, agreed to enter into exclusive merger discussions regarding a potential transaction, subject to various outstanding matters, stakeholder engagement and support. The Parties have now agreed not to pursue the merger and hereby jointly withdraw their existing cautionary announcement. Accordingly, Delta and Rebosis shareholders are advised that caution is no longer required to be exercised when dealing in the securities of Delta and Rebosis. Johannesburg 3 March 2020 Transaction Advisor and Transaction Sponsor to Delta Transaction Advisor to Rebosis PSG Capital YW Capital Sponsor to Delta and Rebosis Nedbank Corporate and Investment Banking Date: 03-03-2020 09:00:00 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.