Holding(s) in Company

For filings with the FCA include the annex

For filings with issuer exclude the annex

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi

1. Identity of the issuer or the underlying issuerof existing shares to which voting rights areattached: ii

Sirius Real Estate Ltd

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

Yes

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to thenotification obligation: iii

Homestead Group Holdings Ltd

4. Full name of shareholder(s) (if different from 3.):iv

Homestead Group Holdings Ltd, Mstead Ltd, and PDI Investment Holdings Ltd

5. Date of the transaction and date onwhich the threshold is crossed orreached: v

21 May 2019

6. Date on which issuer notified:

23 May 2019

7. Threshold(s) that is/are crossed orreached: vi, vii

6% - Mstead Ltd, wholly owned subsidiary of Homestead Group Holdings Ltd, has sold shares, resulting in the threshold being crossed on a consolidated basis.

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type ofshares

if possible usingthe ISIN CODE

Situation previousto the triggeringtransaction

Resulting situation after the triggering transaction

NumberofShares

NumberofVotingRights

Numberof shares

Number of votingrights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

ISIN

GG00B1W3VF54

63,682,128

63,682,128

58,683,967

8,000,000

50,683,967

0.78%

4.96%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financialinstrument

Expirationdate xiii

Exercise/Conversion Period xiv

Number of votingrights that may beacquired if theinstrument isexercised/ converted.

% of votingrights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financialinstrument

Exercise price

Expiration date xvii

Exercise/Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

58,683,967 - Homestead Group Holdings Ltd and its subsidiaries

5.74%

9. Chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held, if applicable: xxi

Homestead Group Holdings Ltd - 8,000,000 shares held

Homestead owns 100% of Mstead Ltd; Mstead Ltd - 43,170,000 shares held

Homestead owns 91% of PDI Investment Holdings Ltd; PDI Investment Holdings Ltd - 7,513,967 shares held

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will ceaseto hold:

12. Date on which proxy holder will cease to holdvoting rights:

13. Additional information:

The 6% threshold was breached by Homestead Group Holdings Ltd on a consolidated basis, following the sale of share by it's wholly owned subsidiary, Mstead Ltd.

14. Contact name:

MR LOUIS NORVAL

15. Contact telephone number:

+44 7460 372 330

Note: Annex should only be submitted to the FCA not the issuer

Annex: Notification of major interests in sharesxxii

A: Identity of the persons or legal entity subject to the notification obligation

Full name

(including legal form of legal entities)

Homestead Group Holdings Ltd

Contact address

(registered office for legal entities)

19th Floor, Newton Tower, Sir William Newton Street, Port Louis, Mauritius

Phone number & email

+230 405 9000 - [email protected]

Other useful information

(at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Contact address

Phone number & email

Other useful information

(e.g. functional relationship with the person or legal entity subject to the notification obligation)

C: Additional information