Further Extension of Time for Posting of Circular Regarding the Disposal of the Primark Store New Frontier Properties Limited (Incorporated in the Republic of Mauritius on 5 June 2014) (Registration number: 123368C1/GBL) SEM share code: NFP.N0000 JSE share code: NFP ISIN: MU0453N00004 (“New Frontier” or “the Company”) FURTHER EXTENSION OF TIME FOR POSTING OF CIRCULAR REGARDING THE DISPOSAL OF THE PRIMARK STORE Shareholders are referred to the announcement released on SENS and the website of the Stock Exchange of Mauritius Limited (“SEM”) on 30 June 2020 advising that the JSE Limited (“the JSE”) had approved an extension until 31 July 2020 for the completion of the circular in respect of the disposal of the Primark Store at Cooper’s Square Shopping Centre (“Transaction”) (“Circular”). As noted previously, substantial delays had been experienced with the appointments of the valuer (which is based in the UK) and the reporting accountant who is required to prepare reports on the pro forma financial information and the historical financial information of the property, which delays had partly been due to the COVID-19 lockdown. As a result, the Company was not in a position to complete the Circular in time to meet the requirements of paragraph 9.20(b) of the JSE Listings Requirements and to meet the previously extended posting date of 31 July 2020. Shareholders are advised that the Circular has since been submitted to the JSE for comments and the approval process is subject to the JSE’s standard turnaround times. The JSE has granted the Company a further extension of time to post the Circular by 14 August 2020. The salient dates and times relating to the Transaction and the general meeting to be convened in order to enable shareholders to consider and, if deemed fit, approve or, to the extent required, ratify, the resolutions required to implement the Transaction, will be released on SENS and the website of the SEM at the time of posting of the Circular to shareholders. New Frontier holds primary listings on both the Official Market of the SEM and the Alternative Exchange of the JSE. BY ORDER OF THE BOARD 6 August 2020 This notice is issued pursuant to SEM Listing Rule 11.3, the Mauritian Securities Act 2005 and section 9.20(b) of the JSE Listings Requirements. The Board of Directors of the Company accepts full responsibility for the accuracy of the information contained in this announcement. For further information please contact: SEM Authorised JSE Sponsor Representative and Sponsor Company Secretary AcaciaCap Advisors Proprietary Perigeum Capital Ltd Vistra (Mauritius) Limited Limited +27 11 480 8500 +230 402 0890 + 230 260 7275 Date: 06-08-2020 02:30:00 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.