FULFILLMENT OF ALL CONDITIONS PRECEDENT: CATEGORY 2 TRANSACTION RELATING TO DISPOSAL OF PORTFOLIO OF PROPERTIES REBOSIS PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2010/003468/06) JSE share codes: REA ISIN: ZAE000240552 REB ISIN: ZAE000201687 (Approved as a REIT by the JSE) (“Rebosis” or ”the Company”) FULFILLMENT OF ALL CONDITIONS PRECEDENT: CATEGORY 2 TRANSACTION RELATING TO DISPOSAL OF PORTFOLIO OF PROPERTIES TO BOXWOOD PROPERTY INVESTMENT FUND Rebosis shareholders (“Shareholders”) are referred to the announcement published on 15 May 2018 and the update thereon published on 18 June 2018, regarding the disposal by Ascension Properties Limited, a direct subsidiary of the Company, of the properties known as 14 Long Street, 45 on Castle, Bergstan Building, Matrix Building, Nedbank Building and Rebosis House (the “Properties”), for an aggregate consideration of R888 000 000 (inclusive of VAT at zero percent) to Boxwood Property Investment Fund. Shareholders are hereby advised that all conditions precedent have been fulfilled. Lodgement is anticipated to take place shortly to enable the transfer of the Properties. Johannesburg 23 August 2018 Sponsor Nedbank Corporate and Investment Banking Date: 23/08/2018 04:00:00 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.