PORTFOLIO OF LAND FOR CONVERSION IN KWAZULU-NATAL

Tongaat Hulett has an unequalled portfolio of 8 200 developable hectares (12 900 gross hectares) of land in prime locations, prepared for unlocking substantial value and cash flow. Sales over the next five years are likely to come from 3 710 developable hectares of key focus areas.

Developable AREA hectares FOCUS AREAS

Urban Growth and Consolidation - Umhlanga Region 1 122 Ridgeside Remaining Precinct 1 and 2 42 Ridgeside Precinct 4 20 Umhlanga Ridge Town Centre 9 Izinga/Kindlewood 152 Umhlanga Ridge Westerly Expansion - New Town Phase 1 (Retail) 12 Umhlanga Ridge Extension - Cornubia New Town Phase 2 234 Umhlanga Ridge Town Centre Western Expansion 45 Business Park 38 Umhlanga Hills 42 Marshall Dam Residential 12 Marshall Dam Town Centre 42 Consolidating Urban 40 Integrated Residential 15 Cornubia Industrial 29 Cornubia North 624 Integrated Residential 300 3 144 TO Medium Density Residential 84 developable hectares Consolidating Urban 80 from a total of N2 Business Park 80 4 600 Industrial 80 Coastal / Lifestyle / Leisure / High-end Residential 275 Zimbali Lakes 47 Sibaya Node 1 49 Sibaya Node 5 76 Sibaya Node 4 103 Airport Region business and residential 1 725 uShukela Drive - Airport Linked Industrial, Retail and Logistics 49 Amanzimnyama - Office / Business / Industrial and Logistics Park 345 Compensation (East) - Industrial and Manufacturing 73 Compensation Western Expansion - Industrial and Manufacturing 152 iNyaninga East - Industrial / Logistics / Manufacturing 550 iNyaninga West, Lindokuhle, Aberfoyle, Dudley Pringle - 556 Residential and Urban Expansion of oThongathi (Tongaat) REMAINING SITES ON NEARLY COMPLETED DEVELOPMENTS 22

Urban Expansion West of Durban 296 296 WEST OF Ntshongweni - Residential Infill / Consolidation 57 developable hectares DURBAN from a total of Ntshongweni - Retail and Urban Core 78 1 100 Ntshongweni - Logistics and Business Park 161 270 COASTAL Coastal North of Ballito 270 developable hectares NORTH OF from a total of BALLITO Tinley Manor South Banks – Resort 270 2 500 3 710 developable hectares GRAND TOTAL from a total of 8 200

30 TONGAAT HULETT 2014 TONGAAT HULETT 2014 31 PORTFOLIO OF LAND FOR CONVERSION IN KWAZULU-NATAL

Urban Growth and Consolidation of the Umhlanga Region The region of urban growth and consolidation of Umhlanga is the fastest- residential suburbs of Izinga and Kindlewood. This region includes developing and highest-value node in KwaZulu-Natal. It includes, within 1 122 developable hectares, from which sales are being targeted over the a two-kilometre radius, areas such as Ridgeside, the Umhlanga Ridge next five years. Town Centre, with its western expansion into Cornubia and the growing

CORNUBIA PHOENIX INDUSTRIAL ESTATE WATERLOO

MARSHALL DAM Industrial MT MORELAND

R102 CORNUBIA INTEGRATED HUMAN m41 SETTLEMENT Consolidating urban m27 CORNUBIA NORTH Integrated residential MT EDGECOMBE Consolidating urban UMHLANGA RIDGE Business Urban expansion Park WESTERN EXPANSION Medium density Business residential Park KINDLEWOOD n2 NODE 4

IZINGA UMHLANGA RIDGE SIBAYA NODES TOWN CENTRE PRECINCT 1 & 5

EMDLOTI m4

LA LUCIA RIDGESIDE oHLANGA INDIAN OCEAN UMHLANGA

PRIME HIGH CONSOLIDATING URBAN EXPANSION OTHER EXISTING INTEGRATED INTENSITY URBAN/INDUSTRIAL MEDIUM DENSITY TONGAAT HULETT URBAN RESIDENTIAL MIXED USE & BUSINESS PARK RESIDENTIAL OWNED LAND

FOCUS AREAS Future roads

32 TONGAAT HULETT 2014 For more information on the Cornubia Integrated Human Settlement, visit Tongaat Hulett’s website at www.tongaat.com

TONGAAT HULETT 2014 33 PORTFOLIO OF LAND FOR CONVERSION IN KWAZULU-NATAL

Coastal, Leisure and High-End Residential Precincts between Umhlanga and Ballito The coastal lifestyle, leisure and high-end residential market is density residential and mixed use nodes and limited commercial highly attractive in KwaZulu-Natal. Tongaat Hulett’s focus is on space. From within this zone, the 2014/15 financial year will see 275 developable hectares, from which sales are expected to be a comprehensive international launch of our commercial process drawn over the next five years. These areas include a range of to fully explore a large land transaction focusing on Nodes 1 and land uses consisting of lower density residential, hotels, higherINYANINGA 5 of Sibaya. VERULAM amanzimnyama otHongathi

R102 DUBE TRADEPORT MT KING MORELAND INTERNATIONAL CORNUBIA SOUTH AIRPORT NORTH ZIMBALI WESTBROOK n2 LAKES ZIMBALI COASTAL NODE 4 RESORT uthongathi NODES m4 SIBAYA IZINGA 1& 5 BALLITO EMDLOTI

oHLANGA

INDIAN OCEAN

PRIME HIGH DUBE TRADEPORT/ACSA OWNED OTHER EXISTING CONSOLIDATING LIFESTYLE/LEISURE INTENSITY AIRPORT PRECINCT (KING SHAKA TONGAAT HULETT URBAN URBAN RESIDENTIAL MIXED USE INTERNATIONAL AIRPORT) OWNED LAND FOCUS AREAS

34 TONGAAT HULETT 2014 Airport Region Business, Industrial and Residential Expansion

The King Shaka International Airport and the associated Dube established in KwaZulu-Natal. It is anticipated that this will TradePort comprise one of the key economic catalysts created generate an increasing momentum of investment, including by the KwaZulu-Natal Provincial Government and the heart by foreign and global companies. Tongaat Hulett has identified of a planned Airport City or Aerotropolis. The area is currently 1 725 developable hectares in the airport region that are expected the focus of significant ongoing infrastructural investment to yield sales over the next five years. and is planned as one of two Special Economic Zones to be

INYANINGA ABERFOYLE WEST VERULAM LINDOKUHLE / DUDLEY PRINGLE INYANINGA EAST OTHANGATHI

COMPENSATION R102

USHUKELA DR DUBE TRADEPORT AMANZIMNYAMA KING SHAKA INTERNATIONAL AIRPORT Mt moreland south

n2 LA MERCY SIBAYA WESTBROOK ZIMBALI

m4 BALLITO uthongathi

Umdloti

INDIAN OCEAN

PRIME TRADE ZONE/BUSINESS INDUSTRIAL/ TONGAAT DUBE TRADEPORT/ACSA OWNED OTHER EXISTING PARK/HIGH INTENSITY URBAN MANUFACTURING/ RESIDENTIAL AIRPORT PRECINCT (KING SHAKA TONGAAT HULETT URBAN CONSOLIDATION LOGISTICS BUSINESS PARK EXPANSION INTERNATIONAL AIRPORT) OWNED LAND FOCUS AREAS

TONGAAT HULETT 2014 35 PORTFOLIO OF LAND FOR CONVERSION IN KWAZULU-NATAL

Coastal Development North of Ballito

Tongaat Hulett owns 2 500 hectares of prime coastal property The first landholding being targeted north of Ballito comprises along the coastline, north of Ballito. As the tourism sector in the 270 developable hectares to the south of the Mhalali River KwaZulu-Natal develops over time, these landholdings are ideally near Tinley Manor. This is driven both by the northward growth located to attract major resort development, including by global of the Ballito area and by the resort potential of this stretch of the players. KwaZulu-Natal coastline.

KWADUKUZA

R102 COMPENSATION

n2

ZIMBALI SOUTH LAKES m4 BANKS

ZIMBALI SALT ROCK COASTAL RESORT BALLITO TINLEY MANOR

Umhali

INDIAN OCEAN

OTHER EXISTING PRIME LIFESTYLE/LEISURE HIGH INTENSITY TONGAAT HULETT URBAN BEACHFRONT RESIDENTIAL MIXED USE OWNED LAND FOCUS AREAS

36 TONGAAT HULETT 2014 Urban Expansion West of Durban Beyond its historical land conversion activities in the corridor interest for the establishment of a new urban core similar to the north of Durban and around Ballito, in the next five years Tongaat Umhlanga Ridge Town Centre. The area, likewise, represents one Hulett is targeting the commencement of development in areas of the best-located sites on the N3 corridor for logistics and light at Ntshongweni on the N3, near Hillcrest, to the west of Durban. industrial development. The first three precincts of Ntshongweni are being focussed on to commence sales within the next five The area is attracting significant interest for the development of a years. new super-regional shopping centre, which in turn is generating

HILLCREST

RESIDENTIAL R103 INFILL

m13 SUMMERVELD RETAIL & URBAN CORE

LIFESTYLE & LOGISTICS & n3 RESIDENTIAL BUSINESS M1 PARK MAHOGANY RIDGE

RECREATIONAL/ INTEGRATED ENVIRONMENTAL RESIDENTIAL

PINETOWN SOUTH

PRIME HIGH URBAN EXPANSION CONSOLIDATING URBAN/ OTHER EXISTING INTENSITY MEDIUM DENSITY INDUSTRIAL and TONGAAT HULETT URBAN MIXED USE RESIDENTIAL BUSINESS PARK OWNED LAND FOCUS AREAS

TONGAAT HULETT 2014 37 38 TONGAAT HULETT 2014