Finalisation information in respect of the dividend for the six month period ended 31 December 2019 MAS Real Estate Inc. Registered in the British Virgin Islands Registration number 1750199 SEDOL (EMTF): B96VLJ5 SEDOL (JSE): B96TSD2 JSE share code: MSP ISIN: VGG5884M1041 LEI code: 213800T1TZPGQ7HS4Q13 (“MAS” or “the Company”) FINALISATION INFORMATION IN RESPECT OF THE DIVIDEND FOR THE SIX MONTH PERIOD ENDED 31 DECEMBER 2019 Shareholders are referred to the announcement dated 2 March 2020 relating to the dividend for the six month period ended 31 December 2019 (the “Dividend”) of 4.24 Euro cents per share. The Dividend will be paid in cash. Shareholders holding shares on the South African share register will receive their Distribution in South African Rand converted from Euro at an exchange rate determined as at Tuesday, 10 March 2020 of EUR 1.00 : ZAR 18.05319. Accordingly, the Distribution of 4.24 Euro cents per share will be equal to 76.54551 Rand cents per share. The information provided in this paragraph is only of direct application to shareholders on the South African share register. The gross local distribution amount is 76.54551 Rand cents per share for shareholders exempt from paying South African dividends tax. The net local distribution amount is 61.23641 Rand cents per share for shareholders liable to pay dividends tax at a rate of 20%. There is no withholding tax payable in the British Virgin Islands. The salient dates and times announced on Monday, 2 March 2020 remain unchanged. MAS is listed on the Main Board of the JSE and is listed and admitted to trading on the Euro MTF market of the Luxembourg Stock Exchange. 10 March 2020 For further information please contact: Dan Petrisor, MAS Real Estate Inc. +40 741 184 921 Java Capital, JSE Sponsor +27 11 722 3050 Harneys Luxembourg, Luxembourg Stock Exchange Listing Agent +35 22 786 7102 {M218/00219325.DOCX/BLANK/PP} Date: 10-03-2020 11:20:00 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.