Dealings in securities by an associate of a director of the company FORTRESS REIT LIMITED (Incorporated in the Republic of South Africa) (Registration number 2009/016487/06) JSE share codes: FFA ISIN: ZAE000248498 FFB ISIN: ZAE000248506 Bond company code: FORI (Approved as a REIT by the JSE) (“Fortress” or “the company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Fortress: Name of associate: Dusty Gold Investments 4 (Pty) Ltd (“Dusty Gold”) Name of director and relationship to director: Mark Stevens, who is a trustee and beneficiary of the MWS Investment Trust (“the Trust”), which owns 100% of Dusty Gold Transaction date: 3 September 2019 Class of securities: Fortress B ordinary shares Number of securities: 1 960 439 Highest traded price for the day: R10.81 Weighted average price per security: R10.2529 Lowest traded price for the day: R10.08 Total value of transaction: R20 100 185.02 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Dusty Gold Name of director and relationship to director: Mark Stevens, who is a trustee and beneficiary of the Trust, which owns 100% of Dusty Gold Transaction date: 4 September 2019 Class of securities: Fortress B ordinary shares Number of securities: 1 250 000 Highest traded price for the day: R10.17 Weighted average price per security: R10.02568 Lowest traded price for the day: R9.62 Total value of transaction: R12 532 104.38 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Dusty Gold Name of director and relationship to director: Mark Stevens, who is a trustee and beneficiary of the Trust, which owns 100% of Dusty Gold Transaction date: 5 September 2019 Class of securities: Fortress B ordinary shares Number of securities: 1 000 000 Highest traded price for the day: R10.41 Weighted average price per security: R10.1483 Lowest traded price for the day: R10.07 Total value of transaction: R10 148 364.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 6 September 2019 Lead sponsor Java Capital Joint sponsor Nedbank Corporate and Investment Banking Date: 06/09/2019 04:40:00 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.