GCR upgrades Equites’ credit rating
GCR upgrades Equites’ credit rating EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) Share code: EQU ISIN: ZAE000188843 Debt company code: EQUI (Approved as a REIT by the JSE) (“Equites” or “the company”) GCR UPGRADES EQUITES’ CREDIT RATING Equites’ noteholders and shareholders are advised that GCR Ratings (“GCR”) has undertaken a credit rating review of the Company, the outcome of which has been to upgrade the national scale long and short-term ratings from A+(ZA) and A1(ZA) to AA-(ZA) and A1+(ZA) respectively and have changed the outlook from “positive” to “stable”. GCR's credit rating announcement is available on its website at https://gcrratings.com/announcements/gcr- upgrades-equites-rating-to-aa-za-a1za-on-sustained-strong-portfolio-performance-amidst-the-ongoing- coronavirus-pandemic/ GCR's credit rating announcement is also available on the Equites website at https://equites.co.za/investor- community/investors-documentation 19 August 2021 Sponsor Debt Sponsor Java Capital Nedbank Corporate and Investment Banking (a division of Nedbank Limited) Date: 19-08-2021 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.