Announcement ACCELERATE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2005/015057/06) Share code: APF ISIN: ZAE000185815 (“APF”) ANNOUNCEMENT On 25 October 2019, Moneyweb published an article which makes certain assertions that cast APF's reputation into question. These assertions are incorrect and are denied by APF. Shareholders are referred to APF's website at www.acceleratepf.co.za which provides copies of the two letters addressed to APF by Moneyweb on 7 November 2018 and on 26 July 2019 respectively, together with the responses to these letters given on 16 November 2018 and on 3 September 2019 respectively, by attorneys Glyn Marais Incorporated on APF's behalf. Johannesburg 27 September 2019 Sponsor The Standard Bank of South Africa Limited Date: 27/09/2019 04:42:00 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.
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