ACCELERATE PROPERTY FUND LIMITED - Notification of Partial Capital Reduction of Listed Debt Securities

Notification of Partial Capital Reduction of Listed Debt Securities

ACCELERATE PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration No 2005/015057/06)
JSE code: APF ISIN code: ZAE000185815
Bond company code: APFE
LEI: 378900D514788C447E45
(Listed in the General Segment)
(REIT status approved)
Bond code: APF23 ISIN: ZAG000214172
Bond code: APF24 ISIN: ZAG000214180
("Accelerate" or the "Company")

NOTIFICATION OF PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Accelerate's ZAR5,000,000,000 Domestic Medium
Term Note Programme dated 9 September 2014, as amended and/or supplemented from time to time,
noteholders are herewith advised of the partial capital reduction of the APF23 and APF24 notes
(collectively the "Notes") effective on 7 August 2026.

 Bond Code:                                               APF23
 ISIN:                                                    ZAG000214172
 Nominal amount before reduction:                         ZAR158 575 975
 Reduction in the nominal amount:                         ZAR25 988 839
 Remaining nominal amount in issue after the reduction:   ZAR132 587 136

 Bond Code:                                               APF24
 ISIN:                                                    ZAG000214180
 Nominal amount before reduction:                         ZAR747 715 847
 Reduction in the nominal amount:                         ZAR59 394 170
 Remaining nominal amount in issue after the reduction:   ZAR688 321 677

The partial reduction is due to the distribution of proceeds following the disposal of assets by
Accelerate, in accordance with the terms and conditions of the Notes, with the pay date of the
redemption amount pursuant to the reduction being 7 August 2026.


Fourways
6 August 2026


Debt Sponsor
Questco Corporate Advisory

Date: 06-08-2026 10:30:00
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.