Oasis Crescent Property Fund announced that It has come to the Fund's attention that while the distributable income and aggregate distribution to unitholders for the year ended 31 March 2022 was correctly disclosed in the summarized annual financial results announced on 29 April 2022 and in the audited annual financial statements published on the same date, the amount declared in respect of the final 6-month period was understated, due to an administrative error. In order to correct this, it has been resolved to declare a further cash dividend of 2.36292 cents per unit from income. This is a cash-only dividend with no reinvestment alternative.

The above dividend is considered a special dividend and the declaration is therefore subject to the condition that the required exchange control approval be obtained from the South African Reserve Bank. Record date for the distribution: 29 July, 2022. Electronic payment and CSDP/broker accounts updated with cash: 1 August, 2022.