HYSTEAD LIMITED

Early Look March Presentation 2018 Contents

Hystead at a Glance 1 Relationship with Hyprop and PDI 6

Investment Case 2 Management Team 7

Macro-economic Comparison 3 Board of Directors 8

Portfolio Overview 4 Growth and Prospects 9

Financial Overview 5 Capital Raise 10

2 HYSTEAD LIMITED Hystead at a Glance 1

High quality dominant shopping centres

Six shopping centres in capital cities in SEE

Hyprop and PDI are strategic shareholders

Income growth

Continental Europe with focus on SEE /

Internally managed by in-country people (property management, asset management and executives)

Listing in next 6 months

3 HYSTEAD LIMITED Investment Case 2

Favourable macroeconomics in SEE • Markets catching up in terms of development to Western peers • EU member countries (or candidates for inclusion) • Strong macroeconomics and favourable retail environment • Stable currencies closely linked to Euro (or Euro itself) • Political stability • Well established property rights

High quality properties • Large, dominant shopping centres in urban areas • Located in capital cities or main commercial hubs • Sustainable, growing income with contractual escalations • Flagship and international retailers with diverse offering

Strong management • European based CEO, CFO and COO • Local on-site property management staff retained for continuity

Strategic relationship with Hyprop and PDI • Skin in the game • Source of deal flow • Provision of capital • Support services

Assets to be acquired or developed at attractive yields with significant potential for yield compression

4 HYSTEAD LIMITED Macroeconomic Comparison 3 Nominal GDP per Capita Unemployment(1) Inflation(2) USD % %

Real GDP Growth Government Bond Yields Credit Ratings % % S&P Moody’s Fitch

Croatia BB (positive) Ba2 (stable) BB+ (stable)

Serbia BB- (stable) Ba3 (stable) BB- (stable)

Montenegro B+ (negative) B1 (negative) -

Bulgaria BB+ (positive) Baa2 (stable) BBB- (positive)

FYR Macedonia BB- (stable) - BB (negative)

South Africa BB+ (negative) Baa3 (negative) BB+ (stable)

Source: IMF WEO database – Oct-17 Note: (1) Data for and EU not available (2) Reflects annual average rates

5 HYSTEAD LIMITED Portfolio Overview 4

Sofia, , Zagreb, , Skopje, , EUR million Bulgaria Croatia Macedonia Montenegro CCO CCO Skopje City Property name The Mall Delta City West East Mall Acquisition date Oct-17 Mar-18 Mar-18 Apr-16 Oct-16 Feb-16 Croatia Ownership % 100 (3)90 (3)90 100 100 100 Valuation(1)(4) 160 146 135 130 93 77 Serbia % of total 21.6 19.7 18.2 17.5 12.6 10.4 Bulgaria GLA (m²) (5)51 211 46 759 48 574 29 850 37 000 23 245 Montenegro % of total 21.6 19.8 20.6 12.6 15.6 9.8 Macedonia Stores 182 140 140 124 135 80 Occupancy rate 99.2 99.9 99.5 100.0 100.0 100.0 %(1) WALE (years)(2) 5.0 6.0 6.5 4.9 4.3 5.0 Weighted ave. 18 15 16 30 19 22 rental (EUR/m²)

Notes: (1) As at 31-Dec-17 (2) Weighted based on GLA (3) 10% held by WKB3 GmbH, an Austrian company associated with the property manager of the Croatian properties, CC Real (4) Weighted for ownership % (5) Excludes seating area of 483m²

6 HYSTEAD LIMITED Financial Overview 5

Weighted ave. cost of GAV(1) Target LTV(3) at listing debt EUR741 million c.35% 3.9%

Leases indexed Euro based or WALE to CPI or fixed linked leases 5.4 years escalations 99% 72%

Notes: (1) Weighted for ownership (2) Attributable to Hystead shareholders (i.e. excl. minorities) (3) Calculated based on GAV and proportional gross debt (i.e. weighted for ownership)

7 HYSTEAD LIMITED Relationship with Hyprop and PDI 6

. Long-term strategic relationships with founders Hyprop and PDI (associated with Louis Norval) . Hyprop and PDI have extensive real estate and shopping centre experience, and proven track records in South Africa and SEE Strategic . Hyprop and PDI currently own 60% and 40% of Hystead, respectively, and will invest Relationship c.EUR240 million on listing . Hyprop and PDI will retain meaningful equity stakes (49% and 12%, respectively) in Hystead post-listing and it is their intention to hold such stakes in the long-term . Neither Hyprop nor PDI will realise any cash on listing

. Hyprop and PDI may not dispose of any Hystead shares in the first year after JSE listing Lock-ins . For the first three years after listing Hyprop’s and PDI’s shareholding may not drop below 30% and 5%, respectively

. For a minimum period of three years from listing, all shopping centre investment opportunities Exclusivity within continental Europe available to Hyprop or PDI must be referred to and pursued exclusively via Hystead

. Hystead may (if it so requires and Hyprop is able) obtain certain back-office, financial, Supplementary administrative and other support from Hyprop, on a cost-recovery + a nominal margin basis support . The arrangement may be terminated on three months’ notice and without any penalties

8 HYSTEAD LIMITED Management Team Executive Management 7

Executive and Asset Management • Three senior, experienced executives, based in Europe Property management (excl. Croatia) • Internally managed by Hystead • Experienced in-country teams retained • 70 employees Property management (Croatia) Alex Papageorgiou Rabia Shihab Yvette vd Merwe • Outsourced to CC Real(1) CEO CFO COO • CC Real has more than 140 employees and strong on-site staff with local expertise in Croatia

On-site Management

West East Sofia, Belgrade, Podgorica, Zagreb, Zagreb, Bulgaria Serbia Montenegro Croatia Croatia Macedonia The Mall CCO West CCO East Delta City Skopje City Mall Delta City Staff 23 5(3) 5(3) 18(2) 22 4 General manager Vladimir Kolev Helena Krstulovic(3) Marin Simic(3) Zorana Lazarevic Ebru Radevski Zorica Miskovic Pavicevic Financial manager Vesselin Glavchev Neda Buljevic-Vlacic(3) (4) Neda Buljevic Vlacic(3) (4)) Marko Grudic Aleksandar Lesovski Stanka Jovanović Operations manager Nikolay Geshev Kruno Belic(3) Petar Miric(3) Zoran Rankovic Toma Argir Boban Adžić Leasing manager Dimitar Kiferov Krunoslav Dominikovic(3) Krunoslav Dominikovic(3) Maja Pavlovic Olga Dervendzi Maja Pavlovic Marketing manager Tsvetelina Vladimirova Anamarija Persin(3) Ivana Matijašević(3) Dijana Hrubik Darko Pancevski Dragan Perišić

Notes: (1) CC Real has been providing management services since the malls opened. CC Real was the developer of the Croatian properties (2) Includes two part-time staff members (3) Staff employed by CC Real. Reflects onsite staff only and excludes CC Real’s central overhead team that also provides support (4) Neda is the Executive Director of Finance for CC Real, and has a team of 8 people supporting her

9 HYSTEAD LIMITED Board of Directors 8

Alex Papageorgiou Rabia Shihab Kenneth Ford Pieter Prinsloo Louis Norval James Huckle Wessel Hamman

Independent Independent Independent Executive director Executive director Non-executive Non-executive non-executive non-executive non-executive CEO CFO director director director director director

Alex has more than 20 years’ Rabia joined Hystead on Kenneth was formerly a Pieter is the CEO of Louis was a co-founder, James is a real estate and Wessel is the founder and experience in capital markets 1 February 2018 as CFO. partner in a retail Hyprop, serving as such Executive Chairman and private equity investment CEO of Clearance Capital and real estate. Alex Rabia has 10 years’ brokerage firm before from 2002 to 2009 and CEO of Attfund Ltd (one of professional with extensive Ltd, a UK FCA authorised previously founded and served experience in the helping to establish a reappointed in the largest private property transaction and portfolio and regulated investment as CEO of Assos Capital Ltd, a real estate private equity firm commercial real estate private development May 2011. A quantity investment companies in management experience, manager specialising in the with a focus on central and market in the CEE company that eventually surveyor, he has been South Africa) until the particularly in the CEE management of real estate south eastern Europe, as well region. From 2008 to early became associated with involved in every aspect of company was sold to region. He is a partner and securities funds. Prior to as of Assos Property 2018, Rabia worked at Capital & Regional plc, property development, Hyprop in 2011. Louis is director of Stage Capital founding Clearance Management Services EOOD. Plaza Centres N.V. where he served on the management and finance also MD of the Parkdev Management, a leading Capital, Wessel served for Prior to this, Alex served as subsidiaries in Romania, board of directors from for over 21 years, including Group of Companies, CEE real estate fund 2 years as CFO of Equities CFO of Golden Energy Marine Serbia, Czech Republic 1997 to 2017. In 2002 senior positions at Sanlam Executive Chairman of Division, and for 8 years as Corp. (Athens), Director in the and Bulgaria in various Kenneth led the creation of Properties, Standard Bank Homestead Group Head of Corporate Global Equities Division at CitiGroup (London) and Vice- capacities: financial The Mall Fund. Co-invested Properties and Absa Holdings Ltd and serves on Arbitrage business unit, at President in the Global director, CFO and Country in and managed by Capital Commercial Property the board of a number of RMB. He is a non- Equities Division at Morgan Manager. Prior joining & Regional, The Mall was Finance other companies including executive director of Sirius Stanley & Co (London) Plaza Centers, Rabia the UK’s largest community Hyprop and Capital and Real Estate Ltd and Capital served as financial shopping centre fund with Regional plc & Regional plc controller for Tefron Ltd assets in excess of GBP3.0bn

10 HYSTEAD LIMITED Growth and Prospects 9

• Combination of organic and acquisitive growth • Organic growth − Positive rent reversions − Contractual escalations − Extensions and active asset management (as further detailed in the property slides) − Continuously improving tenant profile − Leverage portfolio and platform with regional tenants • Improved access to expansionary capital and a lower LTV post-listing, allowing Hystead to grow acquisitively in line with its strategy • Reduce cost of debt • Proximity to strong deal pipeline − Optionality over City Center One Split, Croatia − Targeting acquisitions whilst maintaining focus and quality − Deals to be sourced via the networks of Louis Norval, Alex Papageorgiou and Austrian JV partner • Broadening of geographic scope to include continental Europe (over time) • Differentiated strategy supported by experienced in-country management team and long-term strategic shareholders, with distinguished and proven track records in the retail property sector

11 HYSTEAD LIMITED Capital Raise 10

Listing by private placement (incl. Hyprop and PDI) aims to raise c.EUR410million

Hyprop and PDI will not realise any cash on listing, and are committed to be long-term shareholders

Hyprop and PDI to commit c.EUR240 million in capital raise

Sourcing additional underwrite/ pre-commitments in respect of c.EUR170 million

Proceeds to be used to repay existing debt (so as reduce the LTV to c.35%)

Any additional capital raise will be deployed to acquire City Center One Split and the extension pipeline

REIT-like structure with a dual primary listing on LuxSE and JSE Main Board

Listing in next 6 months

12 HYSTEAD LIMITED The Mall – Sofia, Bulgaria A

GLA (m²) 51 211 Stores 182 Parking bays 1 840 (1) Occupancy 99.2% Croatia Footfall 8.7 million p.a. | Daily ave. = 24 012 Trading density (EUR/m²) 1 780 Serbia Rent-to-sales 12.3% Bulgaria Catchment area 0.5 million people within a min drive Montenegro 1.7 million people with a 1 hour drive Macedonia Staff 23 WALE (years)(2) 5.0 Weighted ave. rental (EUR/m²) 19 Valuation(1)(3) 160 • The Mall, which opened in 2010, is the dominant shopping centre in Sofia Tenant Mix • Tenants include the Inditex Group ( and five other brands), Peek & Cloppenburg, H&M, (% of leased area) Reserved, LC Waikiki, Arena Cinemas, Cortefiel Group (three brands) and Starbucks International • The Mall is strategically located in the eastern part of Sofia, on Tsarigradsko Shose franchise (the busiest boulevard in Bulgaria), which connects the city centre with the Trakia Highway 36% • The surrounding node consists of numerous high-rise office and residential complexes with National more developments currently underway 7%

57% Notes: International (1) As at 31-Dec-17 direct (2) Weighting based on GLA (3) Weighted for ownership %

13 Sofia, Bulgaria The Mall – Sofia, Bulgaria (continued) A

Growth and asset management opportunities

Redevelopment of the -2 level • Exclusive right to purchase the vacant and separately owned hypermarket space, formerly occupied by Carrefour, which forms part of the complex. GBA is 14 500m², adding approximately 12 000m² of GLA and increasing total size by approximately 23% • The refurbished new mall level will comprise more than 30 new stores anchored by a supermarket of up to 2 500m² and new market entries for international retailers • Supermarket is expected to be income generating in 1Q19 • Head of agreement have been signed with new tenants representing c.43% of the new GLA • Planned renovations include an escalator connection to the back corridor of the ground floor to improve circulation • Redevelopment is subject to planning permission (building permit application process has been initiated)

Rent growth • Strong projected GDP growth of 2.9% and 3.3% for 2017 and 2018 respectively • Retail market improving, increasing turnover rents • Strengthened position due to redevelopment of old Carrefour space and improved economic outlook will contribute to new leases being signed at higher base rentals.

Tenancy mix management • Strengthen presence of the anchoring international brands by enlarging their units to match the group’s latest concepts - one of the main traffic contributors for The Mall • Currently only two retail units are vacant (0.8% of GLA), demonstrating the centre’s trading strength • As tenants are looking to maximize their units’ performance in terms of sales/m² the downsizing of certain large units is being explored to accommodate smaller units at higher rentals to new tenants

14 Sofia, Bulgaria City Center One (West) – Zagreb, Croatia B

GLA (m²) 46 759 Stores 140+ Parking bays 2 100 Occupancy(1) 99.9% Footfall 5.5 million p.a. | Daily ave. = 15 280 Croatia Trading density (EUR/m²) 3 421 Rent-to-sales 7.4% Catchment area 0,4 million people within a 15min drive Staff (employed by CC Real) 5 WALE (years)(2) 6.0 Weighted ave. rental (EUR/m²) 15 Valuation(1)(3) 146 • CCO (West), which opened in 2006, is located in in western Zagreb, along the main Tenant Mix transit road connecting the eastern and western parts of the city (% of leased area) • CCO (West) has been extended in 2009 and the interior completely revamped in 2016. Local • Occupies a dominant position in the retail market in Zagreb 4% • The mall’s catchment area is anticipated to further improve, with approximately 2 500 flats under National development in the neighbourhood • Tenants: SPAR, Peek & Cloppenburg, C&A, Elipso, Muller, Hervis and H&M and Inditex brands 30% • Hystead has a 90% interest in the property, with the remaining 10% held by WKB3(4) 66% Notes: (1) As at 31-Dec-17 (retail only) (2) Weighting based on GLA International (3) Weighted based on ownership % (4) 10% held by WKB 3, an Austrian company associated with the property manager of the Croatian properties, CC Real

15 Zagreb, Croatia City Center One (West) – Zagreb, Croatia (continued) B

Growth and asset management opportunities Extension potential

. CCO West has extension potential of 13 600m² GLA (including the first “high class boulevard” for upper-class brands in Croatia)

. By utilising this extension potential, CCO West Zagreb would increase its GLA to c.60 000m², making it the dominant centre in Zagreb

16 Zagreb, Croatia City Center One (East) – Zagreb, Croatia C

GLA (m²) 48 574 Stores 140 Parking bays 2 400 Occupancy(1) 99.5% Footfall 6.5 million p.a. | Daily ave. = 18080 Croatia Trading density (EUR/m²) 3 211 Rent-to-sales 7.1% Catchment area 0.3 million people within a 10 min drive 0.35 million people within a 30 min drive Staff (employed by CC Real) 5 WALE (years)(2) 6.5 Weighted ave. rental (EUR/m²) 16 Valuation(1)(3) 135 • CCO (East), which opened in 2012, is the dominant and only large shopping centre in eastern Tenant Mix Zagreb, providing a quality shopping and entertainment destination for residents of the suburban eastern part of the city and surrounds (% of leased area) • CCO (East) has a catchment area within Zagreb of approximately 270 000 inhabitants, as well 1% Local as being easily accessible by residents of nearby towns National • CCO (East) tenants include most Inditex brands, Interspar, Peek & Cloppenburg, Superdry, C&A, Elipso, Muller, Esprit and H&M. The mall also includes a state of the art Cineplexx seven- 27% screen movie theatre • Hystead has a 90% interest in the property, with the remaining 10% held by WKB3(4) Notes: 72% (1) As at 31-Dec-17 (retail only) (2) Weighting based on GLA (3) Weighted for ownership % International (4) 10% held by WKB 3, an Austrian company associated with the property manager of the Croatian properties, CC Real

17 Zagreb, Croatia City Center One (East) – Zagreb, Croatia (continued) C

Growth and asset management opportunities

Extension potential

. Construction of an extension to CCO (East) is expected to be completed in 2019. It will increase GLA by 10 000m² and include a larger entertainment area, an extended food court and new fashion anchors

. A planned extension will make use of expansion potential in the existing parking lot, with parking places moved to the roof of the extension area, thereby ensuring no parking spaces are lost

18 Zagreb, Croatia Delta City – Belgrade, Serbia D

GLA (m²) 29 850 Stores 124 Parking bays 1 135 Occupancy(1) 100% Footfall 10 million p.a. | Daily ave. = 27 470 Trading density (EUR/m²) 3 673 Serbia Rent-to-sales 12.5% Catchment area 0.6 million people within a 15 min drive 4.1 million people with a 1 hour drive Staff 18 (2 part time) WALE (years)(2) 4.9 Weighted ave. rental (EUR/m²) 30 Valuation(1)(3) 130 • Delta City (Belgrade), which opened in 2007, is a modern, well-established shopping centre Tenant Mix • The mall is located in New Belgrade (Novi Beograd), the most densely populated municipality in Belgrade (% of leased area) • Delta City (Belgrade)’s primary catchment area is inhabited by 290 000 people, many within National Local walking distance. Planned internal changes will improve the tenant mix and capitalise on demand 24% for space 10% • Delta City (Belgrade) has a high occupancy and footfall, as well as a balanced tenant mix that includes key retailers H&M and Zara, as well as Maxi, Sportsvision, Dexy Co and New Yorker • Hystead is exploring reconfiguring existing space at Delta City (Belgrade) with a view to optimising the yield achieved on the property 66% Notes: (1) As at 31-Dec-17 International (2) Weighting based on GLA (3) Weighted for ownership %

19 Belgrade, Serbia Delta City – Belgrade, Serbia (continued) D

Growth and asset management opportunities

• Hystead is exploring the opportunity of increasing the GLA by closing some voids, and

• Relocating and right-sizing tenants on the second floor to further strengthen the tenant mix

20 Belgrade, Serbia Skopje City Mall – Skopje, FYR Macedonia E GLA (m²) 37 000 Stores 135 Parking bays 920 Occupancy(1) 100% Footfall 8.0 million p.a. | Daily ave. = 22 400 Trading density (EUR/m²) 2 937 Rent-to-sales 10.1% Catchment area 0.3 million people within a 15 min drive 3.0 million people with a 1 hour drive Republic of Staff 22 Macedonia WALE (years)(2) 4.25 Weighted ave. rental (EUR/m²) 19.26 Valuation(1)(3) 93 • Skopje City Mall, which opened in 2012, is a modern, multilevel centre located approximately 3km west of Tenant Mix the city centre of Skopje, the capital city of Macedonia. Skopje City Mall is the dominant mall in Skopje (% of leased area) and the largest in the country National • The mall is also located in the wealthiest municipality in Macedonia and offers a strong mix of international Local and national tenants, anchored by Zara, Mango, New Yorker, and . Excellent 12% growth in the centre’s catchment area is expected to increase disposable income and improve turnover 18% • In Skopje, modern retail stock (including smaller schemes) is limited, at an estimated 80 000m². Supply has remained stable with a few new mixed-use projects planned in future, but there is ultimately limited scope for significant further retail development. This positions Skopje City Mall – the biggest retail centre in the city and one of only six major shopping centres in Skopje – very defensively Notes: 70% International (1) As at 31-Dec-17 direct (2) Weighting based on GLA (3) Weighted for ownership %

21 Skopje, Macedonia Skopje City Mall – Skopje, FYR Macedonia (continued) E

Growth and asset management opportunities Increasing GLA • Hystead plans to convert common area to leasing area in Skopje City Mall creating c.930m² retail space • Further opportunities exist to: – enlarge key anchor tenant to make a flagship store in line with latest concepts; and – reconfigure the second floor of the centre by right-sizing some anchor tenants Rent growth . Increased GLA, improved tenant mix and steady growth should boost turnover rent Tenant mix improvement . Hystead will continue to substitute low performance tenants with international high performance brands by increasing the number of fashion shops including well known mono brands

22 Skopje, Macedonia Delta City – Podgorica, Montenegro F

GLA (m²) 23 245 Stores 80 Parking bays 950 Occupancy(1) 100% Footfall 5.8 million p.a. | Daily ave. = 16 140 Trading density (EUR/m²) 3 204 Rent-to-sales 11.5% Catchment area 0.2 million people within a 15 min drive Montenegro 0.8 million people with a 1 hour drive Staff 4 WALE (years)(2) 5.0 Weighted ave. rental (EUR/m²) 22 Valuation(1)(3) 77

• Delta City (Podgorica), which opened in 2008, is located in Podgorica, the capital city of Montenegro. Tenant mix It is a contemporary and dominant shopping centre, the largest in the country and dominant in the (% of leased area) region • The centre is on Podgorica’s main boulevard, with a catchment area of over National Local 210 000 people • Delta City Podgorica’s two levels offer 80 retail units are occupied by various international and local 37% 10% brands, including Zara, Guess, Tommy Hilfiger, Nike, Bata, Aldo, Gant and Orsay • Hystead is seeking approval from local authorities for an expansion of Delta City (Podgorica), which if approved in its current form, would increase GLA by 9 000m² (36.5%) over the next two years Notes: 53% (1) As at 31-Dec-17 International (2) Weighting based on GLA (3) Weighted for ownership %

23 Podgorica, Montenegro Delta City – Podgorica, Montenegro (continued) F

Growth and asset management opportunities

Expansion

. Plans to expand the GLA by 9 000m² of retail space (growth of 37.5%) and 10 000m² of parking space - planning approval pending . Special attention paid to the expansion’s design, in order to retain and improve the node

Other

. Capitalise on Podgorica becoming a major regional shopping destination (foreign visitors increasing - primarily from Albania and other countries in the region)

24 Podgorica, Montenegro Regional Snapshot G

Population GDP EU Status Schengen Currency Language Capital (1)million (1)USDbn 1 Baltics 1 Estonia Joined ‘04 Yes EUR Estonian Tallinn 1.3 26

2 2 Latvia Joined ‘04 Yes EUR Latvian Riga 2.0 30 3 Lithuania Joined ‘04 Yes EUR Lithuanian Vilnius 2.9 47 3 Central Europe 4 Poland Joined ‘04 Yes PLN Polish Warsaw 38.0 510 8 5 Czech Republic Joined ‘04 Yes CZK Czech Prague 10.6 210 4 6 Slovakia Joined ‘04 Yes EUR Slovak Bratislava 5.4 95 7 Hungary Joined ‘04 Yes HUF Hungarian Budapest 9.8 132

5 9 Eastern Europe 6 8 Belarus - No BYN Russian Minsk 9.5 53 9 Ukraine - No UAH Belarusian Kiev 42.3 104 7 10 10 Moldova - No MDL Romanian Chisinau 3.5 8 11 12 13 South Eastern Europe / Balkans 15 14 11 (2) Joined ‘04 Yes EUR Slovene Ljubljana 2.1 53 17 18 12 Croatia(2) Joined ’13 No HRK Croatian Zagreb 4.2 48 16 19 13 Romania Joined ’07 No RON Romanian Bucharest 19.8 205 20 14 Serbia Candidate No RSD Serbian Belgrade 7.0 39 15 Bosnia Potential No BAM Bosnian Sarajevo 3.8 17 21 16 Montenegro Candidate No EUR Montenegrin Podgorica 0.6 4 17 Kosovo Potential No EUR Serbian Pristina 1.9 7 18 Bulgaria Joined ‘07 No BGN Bulgarian Sofia 7.1 56 19 FYR Macedonia Candidate No MKD Macedonian Skopje 2.1 11 20 Albania Candidate No ALL Albanian Tirana 2.9 13 21 Turkey Candidate No TRY Turkish Ankara 80.6 841 Notes: (1) 2017 estimates (source: IMF WEO database – Oct-17) (2) Slovenia and Croatia are also considered to be part of the central European region

25 HYSTEAD LIMITED Alex Papageorgiou +3592 878 7810 CEO Hystead [email protected]

Wilhelm Nauta +2711 447 0090 Investment Executive Hyprop [email protected]

Carl Esterhuysen +2711 722 3025 Director Java Capital [email protected]

Kevin Joselowitz +2711 722 3052 Director Java Capital [email protected] Thank Contact Thabo Ndimande +2711 722 3082 You Details Executive Java Capital [email protected]