FORTRESS REAL ESTATE INVESTMENTS LIMITED - Dealings in securities by a director of the company: Amendment to existing financial obligation

Dealings in securities by a director of the company: Amendment to existing financial obligation

FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2009/016487/06)
JSE share code: FFB
ISIN: ZAE000248506
Bond company code: FORI
LEI: 378900FE98E30F24D975
("Fortress" or the "Company")


DEALINGS IN SECURITIES BY A DIRECTOR OF THE COMPANY: AMENDMENT TO EXISTING FINANCIAL OBLIGATION


Shareholders and noteholders are referred to the previous announcement of 24 October 2024 relating to the pledge and
cession of Fortress B ordinary shares ("FFB shares") by Steven Brown, an executive director of the Company, as
security for a loan of R23 million (the "financial obligation").

Shareholders and noteholders are advised of an increase to the facility limit of the financial obligation to R26 million
on 9 May 2025, which amendment constitutes a dealing in securities by a director under the JSE Listings Requirements.

The pledge and cession of 2 900 685 FFB shares related to the financial obligation remains unchanged. The terms of the
financial obligation also remain unchanged. Although no additional FFB shares have been pledged as security, clearance
to deal was obtained to increase the facility limit of the financial obligation.

12 May 2025


Lead sponsor                                              Debt sponsor and joint equity sponsor
Java Capital                                              Nedbank Corporate and Investment Banking, 
                                                          (a division of Nedbank Limited)
Date: 12-05-2025 03:00:00
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