FREEDOM PROPERTY FUND LIMITED - Renewal of the cautionary announcement

Renewal of the cautionary announcement

FREEDOM PROPERTY FUND LIMITED
Incorporated in the Republic of South Africa
Registration number: 2012/129186/06
Share code: FDP
ISIN: ZAE000185260
(“Freedom” or “the Company)

RENEWAL OF THE CAUTIONARY ANNOUNCEMENT

Shareholders are referred to the cautionary announcement, dated 2 September 2019, in which they were advised
that the Company had received a non-binding expression of interest (“Expression of Interest”) from the South
African Housing and Infrastructure Fund (“SAHIF”) to acquire all of the issued shares of Freedom by way of a
scheme of arrangement in terms of section 114 of the Companies Act 2008 (“the Potential Transaction”), subject
to a due diligence investigation. The Expression of Interest is subject to an exclusivity period which expires on
22 December 2019. If implemented, the Potential Transaction may have a material effect on the price of the
Company’s securities.

Shareholders are accordingly advised to continue to exercise caution should they enter into any off-market trades
in their Freedom shares until a further announcement is made.

Paarl
18 October 2019

Sponsor
Questco Corporate Advisory Proprietary Limited

Date: 18/10/2019 05:00:00
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