ACCELERATE PROPERTY FUND LIMITED - Appointment of sponsors

Appointment of sponsors

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(Approved as a REIT by the JSE)
("Accelerate" or the "Company")

APPOINTMENT OF SPONSORS

Pursuant to paragraph 2.5 of the JSE Limited Debt and Specialist Securities Listings Requirements,
noteholders are hereby advised that Rand Merchant Bank, a division of FirstRand Bank Limited
("RMB"), has resigned as debt sponsor to Accelerate, effective 1 January 2025, due to RMB deciding
to wind down its regulatory debt sponsor business.

The board of directors of Accelerate is pleased to advise that Questco Proprietary Limited has been
appointed as the Company's debt and equity sponsors with effect from 1 January 2025.


Fourways
18 December 2024


Equity Sponsor
The Standard Bank of South Africa Limited

Debt sponsor
FirstRand Bank Limited

Date: 18-12-2024 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.