Investor Presentaiton

Strategy maradelta PROPERTY HOLDINGS Targeted total return in excess of 15% in USD ■ Leverage on existing knowledge base and experience in Mozambique and Morocco ■ Immediate REIT conversion in Morocco - REIT legislation expected Q1 2016 ■ Asset acquisitions in Mauritius (focus on properties with strong counter party tenants) ■ Grow portfolio based on quality leases and strong counterparties in USD based economies ■ Strategic partnerships in existing jurisdictions that will secure and strengthen in-country resources ■ Countries with existing REIT structures will be prioritised ■ Grow shareholder value and returns ■ First wave countries: Morocco; Mozambique; Zambia; Kenya; Tanzania; Uganda ■ Second wave countries: Mauritius; Nigeria; Botswana; Ghana

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