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Thu 22 Feb 2018, 15:46 FORTRESS REIT LIMITED - Cautionary announcement
FFB FFA 201802220056A
Cautionary announcement

FORTRESS REIT LIMITED
(previously Fortress Income Fund Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share codes: FFA ISIN: ZAE000248498
                 FFB ISIN: ZAE000248506
(Approved as a REIT by the JSE)
(“Fortress” or “the Company”)


CAUTIONARY ANNOUNCEMENT

In light of its share prices, Fortress considers it prudent to commence negotiations with the trustees of and other lenders
to the Siyakha Education Trusts (“trusts”) regarding all loans to the trusts and underlying collateral. Fortress will engage
with all participants during this process and is sensitive to confidentiality during these negotiations. As the outcome of
the negotiations may impact on the distributable earnings of Fortress, the Company advises shareholders to exercise
caution in their dealings in Fortress securities.

22 February 2018

Sponsor
Java Capital

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