Change in sector classification GREENBAY PROPERTIES LTD (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 ("Greenbay" or "the Company") CHANGE IN SECTOR CLASSIFICATION On 4 September 2018, the JSE Limited ("JSE") wrote to the Company to advise that, pursuant to the FTSE Russell quarterly review of sector classification of companies, Greenbay has been reclassified from the Real Estate Holding and Development subsector to the Equity Investments Instruments subsector based on revenue streams and fair value assessment of investments from segmental reports in the Company's published financial statements. On 5 September 2018, the JSE announced on the Stock Exchange News Service of the JSE the reclassification of Greenbay with effect from Tuesday, 25 September 2018. The Company is currently engaging with the JSE regarding the sector reclassification and shareholders will be kept informed. The Company has a primary listing on both the Official Market of the SEM and the Main Board of the JSE. By order of the Board 6 September 2018 For further information please contact: JSE sponsor Tel: +27 11 722 3050 SEM authorised representative and sponsor Tel: +230 402 0890 Company Secretary Tel: +230 403 0800 This notice is issued pursuant to JSE Listings Requirements, SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Directors of Greenbay Properties Ltd accepts full responsibility for the accuracy of the information contained in this announcement. Date: 06/09/2018 11:10:00 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.