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Wed 21 Jun 2017, 17:30 ACCELERATE PROPERTY FUND LIMITED - Update regarding the final dividend for the period 1 October 2016 to 31 March 2017
APF 201706210068A
Update regarding the final dividend for the period 1 October 2016 to 31 March 2017

ACCELERATE PROPERTY FUND LIMITED
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2005/015057/06)
Share code: APF ISIN: ZAE000185815
(?Accelerate? or ?APF?)

UPDATE REGARDING THE FINAL DIVIDEND FOR THE PERIOD 1 OCTOBER 2016 TO 31 MARCH 2017


In its financial results for the year ended 31 March 2017 announced on Wednesday, 14 June 2017,
Accelerate advised its shareholders that Accelerate intended offering shareholders a share re-
investment alternative in terms of which a shareholder would be entitled to elect to receive the final
dividend of 28.80469 cents per share (?Cash Dividend?) for the period 1 October 2016 to 31 March
2017, in return for APF shares (?DRIP?).

Shareholders are advised that Accelerate has decided not to proceed with the DRIP. Accordingly,
shareholders are advised that they will only be able to receive their dividend in cash.

The salient dates in respect of the Cash Dividend remain unchanged from those set out in the results
announcement.

Johannesburg
21 June 2017

Transaction Sponsor
Investec Bank Limited

Sponsor
The Standard Bank of South Africa Limited

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