Close of the Accelerated Book Build

3 October 2017

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Investors

NEPI Rockcastle is pleased to announce that it has closed its book build announced earlier today, 3 October 2017. In light of strong demand, the amount of equity to be raised was increased to approximately ZAR5.2 billion (approximately EUR325 million). At this level, the book was oversubscribed. The new NEPI Rockcastle shares to be issued pursuant to the book build process have been priced at ZAR177.00 per share traded on the JSE (EUR11.10 per share traded on Euronext Amsterdam). The new shares, when issued, will be credited as fully paid and will rank pari passu in all respects with the existing issued shares.

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