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Mon 14 Mar 2011, 12:29 GRTIVB - Investec Warrants - Declaration of a distribution announcement on
JSE   GRTIVB
INVS                                                                            
GRTIVB - Investec Warrants - Declaration of a distribution announcement on      
Growthpoint Properties Limited-Variable Strike Warrant                          
INVESTEC WARRANTS                                                               
JSE SHARE CODE:  GRTIVB                                                         
JSE ISIN CODE:   ZAE000081774                                                   
DECLARATION OF A DISTRIBUTION ANNOUNCEMENT ON GROWTHPOINT PROPERTIES LIMITED-   
VARIABLE STRIKE WARRANT- GRTIVB                                                 
Investec Variable Strike Warrants:  Adjustment to the Exercise Price as of 14   
March 2011                                                                      
Share              Adjusted   Expiry  Cover      Call/Put   Style  JSE Code     
                  Exercise   Date    Ratio                                      
Price per                                                     
                  Share                                                         
                                                                                
Growthpoint        R2.38      19/07/  1:1        Call       Europ  GRTIVB       
Properties                    2016                          ean    ZAE0008177   
Limited                                                            4            
As a result of the Recalculation based on the Dividend Distribution an          
adjustment has been made to the exercise prices of the above-mentioned Variable 
Strike warrants.  These adjustments are effective from 14 March 2011.  The      
warrant is exercisable only in accordance with the terms and conditions as set  
out in the relevant offering circular.                                          
Copies of the offering circular may be obtained from:                           
Investec Bank Limited                                                       
    100 Grayston Drive                                                          
    Sandown                                                                     
    Sandton                                                                     
2196                                                                        
For further information contact:                                                
    Investec Warrants                                                           
    Tel.: 0860 103 343                                                          
E-mail: warrants@investec.co.za                                             
    Internet: www.investecwarrants.com                                          
Sponsor                                                                         
    Investec Securities Limited                                                 
Member of the JSE                                                           
    Registration number. 1972/008905/06)                                        
Date: 14/03/2011 12:29:01 Produced by the JSE SENS Department.                  
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