Confirmation of post-offer intention statements

THE FOLLOWING ANNOUNCEMENT IS BEING MADE PURSUANT TO THE REQUIREMENTS OF RULE 19.6(C) OF THE CITY CODE ON TAKEOVERS AND MERGERS (THE "CODE"), WHICH, INTER ALIA, REQUIRES A PARTY TO AN OFFER TO MAKE AN ANNOUNCEMENT AT THE END OF A PERIOD OF 12 MONTHS FROM THE DATE ON WHICH THE OFFER PERIOD ENDED CONFIRMING WHETHER IT HAS TAKEN, OR NOT TAKEN, THE COURSE OF ACTION SET OUT IN ITS STATED INTENTIONS.

FOR IMMEDIATE RELEASE

30 November 2020

Growthpoint Properties Limited

Rule 19.6(c) confirmation of post-offer intention statements with regard to Capital & Regional Plc

Growthpoint Properties Limited ("Growthpoint") announces that, following the completion of its recommended partial offer for Capital & Regional Plc (which became unconditional as to acceptances on 28 November 2019), it has duly confirmed in writing to The Panel on Takeovers and Mergers in accordance with the requirements of Rule 19.6(c) of the City Code on Takeovers and Mergers (the "Code") that Growthpoint has complied with its post-offer statements of intent made pursuant to Rules 2.7(c)(iv) and 24.2 of the Code, as detailed in its announcement of 17 October 2019 and its partial offer document dated 7 November 2019.

Enquiries

Growthpoint

LAUREN TURNER - EXECUTIVE : HEAD OF INVESTOR RELATIONS

CONTACT DETAILS. +27-11-944-6346 / [email protected]