Changes to Constitution INVESTEC AUSTRALIA PROPERTY FUND Established in Australia and registered with ASIC as a managed investment scheme (ARSN 162 067 736) Operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (Responsible Entity) Registered as a foreign collective investment scheme in terms of the Collective Investment Schemes Control Act No.45 of 2002 Unit code: IAP ISIN: AU0000046005 (IAP or the Fund) Changes to Constitution IAP advises that today it lodged with the Australia Securities Exchange (ASX) a copy of its consolidated constitution incorporating amendments approved at IAP's annual general meeting held on 13 August 2020. A copy of the ASX announcement including the consolidated constitution, are available for inspection by unitholders using the following link: https://www.asx.com.au/asx/share-price-research/company/IAP Johannesburg 18 August 2020 Investment Bank and Sponsor Investec Bank Limited Date: 18-08-2020 10:19:00 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.