No Change Statement and Notice of Annual General Meeting TEXTON PROPERTY FUND LIMITED Incorporated in the Republic of South Africa (Registration number: 2005/019302/06) Share code: TEX ISIN: ZAE000190542 Approved as a REIT by the JSE (“Texton” or “the Company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that the Summarised Consolidated Financial Statements for the year ended 30 June 2019 and Notice of Annual General Meeting have been distributed to shareholders today, 24 October 2019 and that the full integrated annual report is available on the Company’s website at http://www.texton.co.za/company-information/REPORTS-PUBLICATIONS. The audited annual financial statements contain no modifications to the Provisional Condensed Financial Results for the year ended 30 June 2019 published on SENS on 19 September 2019. Notice is hereby given that the Annual General Meeting of shareholders of Texton will be held at 14:00 on Thursday, 21 November 2019 at the registered office of Texton, Block C, Investment Place, 10th Road, Hyde Park, 2196, to consider and, if deemed fit, to pass with or without modification, the business stated in the notice of the Annual General Meeting, which is also available separately on the Company’s website at http://www.texton.co.za/company-information/REPORTS-PUBLICATIONS. The Board of Directors of the Company determined that, in terms of section 62(3)(a), as read with section 59 of the Companies Act, 2008 (Act 71 of 2008), as amended, the record date for the purposes of determining which shareholders of the Company are entitled to participate in and vote at the Annual General Meeting is Friday, 15 November 2019. Accordingly, the last day to trade Texton shares in order to be recorded in the securities register of the Company to be entitled to vote will be Tuesday, 12 November 2019. Johannesburg 24 October 2019 Sponsor Merchantec Capital Date: 24/10/2019 04:46:00 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.