FORTRESS REAL ESTATE INVESTMENTS LIMITED - Dealings in securities by a director of the company

Dealings in securities by a director of the company

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share code: FFB
ISIN: ZAE000248506
Bond company code: FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY


Shareholders and noteholders are referred to previous SENS announcements regarding a pledge and cession of Fortress
B ordinary shares ("FFB shares") by Steven Brown as security for a loan of R26 million (the "financial obligation"),
the last of which was published on 12 May 2025.

Shareholders and noteholders are advised that Steven Brown has pledged an additional 1 846 605 FFB shares such that
an aggregate number of 4 747 290 FFB shares have now been pledged as security for the financial obligation, and the
facility limit is now R34 million. The terms of the loan remain unchanged. There is no fixed repayment date and is
callable on 30 days' notice. Details of the additional FFB shares pledged as security for the financial obligation 
are as follows:

 Name of director:                                               Steven Brown
 Transaction date:                                               6 October 2025
 Class of securities:                                            FFB shares
 Number of securities:                                           1 846 605
 Deemed price per security*:                                     R23.40
 Deemed total value:                                             R43 210 557.00
 Nature of transaction                                           Off-market pledge and cession of FFB shares as
                                                                 security for the financial obligation
 Nature and extent of director's interest:                       Direct beneficial
 Clearance to deal received:                                     Yes
* Closing price on 3 October 2025

7 October 2025


Lead sponsor                                                     Debt sponsor and joint equity sponsor
Java Capital                                                     Nedbank Corporate and Investment Banking, 
                                                                 (a division of Nedbank Limited)

Date: 07-10-2025 03:15:00
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.