FORTRESS REAL ESTATE INVESTMENTS LIMITED - Dealing in securities by a director

Dealing in securities by a director

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")


DEALING IN SECURITIES BY A DIRECTOR


Shareholders and noteholders are advised of the following information relating to a pledge and cession of Fortress
B ordinary shares by a director of Fortress as security for a loan of R25 million, which has no fixed repayment
date (the "financial obligation").

Name of director:                                  Vuso Majija
Transaction date:                                  12 December 2025
Class of securities:                               Fortress B ordinary shares
Number of securities:                              2 800 522
Deemed price per security*:                        R24.00
Total value:                                       R67 212 528.00
Nature of transaction:                             Off-market pledge and cession of ordinary shares as security
                                                   for the financial obligation
Nature and extent of director's interest:          Direct beneficial
Clearance to deal received:                        Yes

*    Closing price on 11 December 2025

12 December 2025


Lead sponsor                                       Debt sponsor and joint equity sponsor
Java Capital                                       Nedbank Corporate and Investment Banking, 
                                                   a division of Nedbank Limited

Date: 12-12-2025 03:00:00
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.