Provisional summarised reviewed consolidated financial statements for the twelve months ended 29 February 2020 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”) SHORT-FORM: PROVISIONAL SUMMARISED REVIEWED CONSOLIDATED FINANCIAL STATEMENTS FOR THE TWELVE MONTHS ENDED 29 FEBRUARY 2020 29 February 2020 28 February 2019 % change Revenue 45 492 823 39 985 959 13.77% Headline earnings per share 44.01 28.63 53.72% Earnings per share 61.36 30.78 99.35% Dividend per share 32.05 37.23 (13.91%) Net asset value per share 515.06 507.91 1.41% The board has approved and notice is hereby given of the final gross dividend of 15.34 cents per share for the six months ended 29 February 2020. The board has proposed a further dividend of 0.87 cents per share as a result of extra profits in the financial year ended February 2019, bringing the total dividend payable up to 16.21000 cents per share (the “dividend”). Accordingly, a higher than anticipated overall dividend per share will be payable to shareholders. Shareholders should not expect such dividend to recur in the future. The board intends to provide shareholders with a share reinvestment alternative in respect of the dividend. Further details regarding the payment of the cash dividend and share reinvestment alternative will be announced on SENS in due course. This short-form announcement is the responsibility of the directors of Castleview. This short-form announcement is only a summary of the information in the full announcement and does not contain full or complete details. Any investment decisions by investors and/or shareholders should be based on consideration of the full announcement as a whole. The full announcement has been released on the JSE website: https://senspdf.jse.co.za/documents/2020/JSE/isse/CVWE/FY2020.pdf and is available on Castleview’s website: https://castleview.co.za/investors/ Copies of the full announcement may be requested, by emailing Colin Dockrall at colin@castleview.co.za 12 June 2020 Designated advisor Java Capital Date: 12-06-2020 01:23:00 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.