1 Internet Café 150 01/08/2016 30/09/2019 10% R 9 532 R 631 R 344 - R 10 507 2 Diner - Blue Chip Foods 80 01/08/2016 31/07/2018 8% R 9 800 - - - R 9 800 3B Post Office (Pending) 200 01/08/2016 31/07/2021 7% R 6 200 R 631 R 340 - R 7 171 3 Cellphone Store 20 01/08/2016 30/09/2019 10% R 2 219 R 316 - - R 2 535 4 SPAR 1200 01/08/2016 Monthly 10% R 44 491 R 1 365 R 439 R 3 430 R 49 724 5 The Barber Shoppe 75 01/06/2016 31/05/2019 - R 7 000 R 631 R 250 - R 7 881 6 SPAR Tops Bottle Store 120 01/08/2016 30/09/2019 7% R 10 000 - R 439 - R 10 439 8 Home Made Bakery 50 01/08/2016 30/09/2019 10% R 3 508 R 1 262 R 175 - R 4 946 9 Hairdresser 50 01/08/2016 30/09/2019 10% R 10 367 R 631 R 263 - R 11 261 10 Wash 4 U Drycleaning 60 01/08/2016 30/09/2019 10% R 7 005 R 631 R 439 - R 8 075 11 Epic Supplements 40 01/08/2016 30/09/2019 10% R 4 400 R 316 R 200 - R 4 916 12 Pizza Perfect 60 01/09/2016 31/08/2021 10% R 11 263 R 631 R 300 R 1 126 R 13 320 12B Beautician 70 01/08/2016 30/09/2019 10% R 7 781 R 631 R 263 - R 8 675 13 Cell C tower/mast - 01/03/2013 31/03/2023 8% R 12 597 - - - R 12 597 14 2 175 R 146 163,02 R 7 676,33 R 3 451,76 R 4 555,70 R 161 846,81 1 Rates and Taxes R 14 172 Rental: R 146 163,02 2 Refuse R 329 Recoveries: R 15 683,79 3 Cum Meter Readings R 2 500 Gross Income: R 161 846,81 R 1 942 161,72 4 Steiner Cleaning Bins R 202 5 Security R 6 000 Expenses: -R 44 266,01 -R 531 192,12 6 Compact Containers (Wet Bins) R 2 062 7 Cleaners Salaries R 3 000 Net Income: R 117 580,80 R 1 410 969,60 8 Cleaning Materials R 3 000 9 Insurance (Homeowners) R 4 000 *All income figures extracted from lease agreements. 10 Electricity Common Areas R 5 000 *All income and expense figures are exclusive of Vat. 11 Maintenance R 4 000 *Water and Electricity expenses for non common areas are fully recovered from tenants. Total: R 44 266,01 *Expense and recovery figures are provided directly from building owner. Welteveden Spar Center - Draft *As of July 2016 Leases Recoveries No. Tenant: Size(m²): Begin: Expiry: Escalation: Rental: Network: Security: Wet Bins: Gross Income: No. Expenses: Monthly: Summary: Monthly: Annualized: *Barber shop rent will Increase to R9,700 on the 01/12/2016 and to R10,000 in year 3.

BIDDER REGISTRATION FORM AUCTION DETAILS Date & Time Venue Auctioneer 29 September 2016, 12H00 The Wanderers Club, Sandton, 21 North street, Illovo Ismail Hendricks BIDDER DETAILS Bidding Capacity Individual On behalf of a juristic person Where a person is bidding on behalf of a juristic entity the letter of authority must appear on the letterhead of the juristic entity and must be accompanied by a certified copy of the resolution authorising him or her to bid on behalf of the juristic entity. NATURAL PERSONS (ALSO TO BE COMPLETED IF BIDDING ON BEHALF OF A JURISTIC ENTITY) Name ID Number Physical Address Postal Address Landline Number Mobile Number Email Address Marital Status (if applicable) In Out of Community of Property Spouse Name (if applicable) Spouse ID No. (if applicable) JURISTIC ENTITY (if applicable) (COMPANY, TRUST, CLOSE CORPORATION, OTHER) Name Registration Number Physical Address Postal Address Page 1 of 3

BIDDER REGISTRATION FORM Landline Number Facsimile Email Address If Company or CC, annual turnover is: Less than R2M Greater than R2M If Company or CC, asset value is: Less than R2M Greater than R2M AUCTION REGISTRATION FEE (REFUNDABLE TO THE BIDDER AFTER THE AUCTION) Amount R50 000 Method of Payment EFT Bank Guaranteed Cheque Credit Card Payable to Bank Name Account Type Broll Auctions and Sales (Pty) Ltd Nedbank Southern Peninsula Trust Account Account Number 1102 884 839 Branch Code 123 209 Reference TERMS AND CONDITIONS By signature of this bidder registration card, the signatory: 1. Acknowledges and understands that he/she shall not be entitled to bid until such time as the Auctioneer's registration fee has been paid or secured to the Auctioneer's satisfaction, this registration fee is refundable should he/she not be the highest bidder. 2. Acknowledges himself/herself to have read, understood and be bound by the Auctioneer's terms and conditions of auction; and has complied with FICA requirements i.e. brought a copy of his/her ID book, proof of residence and letter of authority to sign on behalf of a juristic entity. 3. Acknowledges and understands that, in respect of lots subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, such bid shall constitute an irrevocable offer to purchase the relevant lot at such price, which offer shall remain open for acceptance by the seller of the lot for a period of 5 business days; 4. Acknowledges and understands that, in respect of lots not subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, then such lot shall be deemed to have been sold to the bidder at such bid; Page 2 of 3

BIDDER REGISTRATION FORM 5. Acknowledges and understands that any sale of immovable property by way of public auction shall be binding on the bidder, and does not need to be recorded in a written agreement, in accordance with the provisions of Section 3(1) of the Alienation of Land Act 68 of 1981. 6. Acknowledges and understands, notwithstanding the contents of paragraph 4 above, that should his/her bid be the highest bid on any lot, he/she will then be obligated to sign the Auctioneer's standard agreement of sale by public auction, which agreement the bidder acknowledges to have acquainted himself/herself therewith; 7. Acknowledges that, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, a buyer s premium of 10% plus VAT shall be payable over and above the bid price, unless otherwise stated; 8. Warrants, in the event that he/she is bidding on behalf of another person/company/close corporation or trust, that he/she has all necessary authority to do so and to bind such party to any consequent sale, and will produce written proof of such authority upon request. 9. Acknowledges that in the event of allowing the paddle allocated to the bidder to be used by any other bidder whether registered or not, shall remain liable for performance. 10. I the undersigned, acknowledge that I have received the Rules of Auction for this auction and it is my responsibility to understand, read and acquaint myself with the Rules of Auction incorporating the Sale Agreement. I have read and understood the Rules of Auction and have no objection to the Rules of Auction not being read out for the auction to be valid. Notwithstanding the fact that the Auctioneer has not read out every clause of the contract, I will legally comply myself with all my obligations, including immediate signing of the Rules of Auction incorporating the Sale Agreement on the fall of the hammer; and to the immediate transfer of the funds required in terms of the Rules of Auction and Sale Agreement. SIGNED BY THE BIDDER AS ACCEPTANCE (and where applicable the BIDDER is duly authorised) Date Place Signature FOR OFFICIAL USE BY BROLL BIDDERS CARD NUMBER Page 3 of 3