Oasis Crescent Property Fund reported audited earnings results for the year ended March 31, 2017. For the period, the company reported income of ZAR 98,733,000 against ZAR 94,684,000 a year ago. Net income from rentals and investments was ZAR 58,530,000 against ZAR 61,717,000 a year ago. Operating profit for the year was ZAR 78,834,000 against ZAR 86,711,000 a year ago. Net profit for the year was ZAR 78,424,000 or 143.7 cents per basic and diluted share against ZAR 86,254,000 or 175.1 cents per basic and diluted share a year ago. Basic earnings before non-permissible income adjustment were ZAR 78,834,000 against ZAR 86,711,000 a year ago. Basic Earnings after non-permissible income adjustment was ZAR 79,346,000 against ZAR 87,049,000 a year ago. Basic earnings were ZAR 78,424,000 or 143.7 cents per basic and diluted share against ZAR 86,254,000 or 175.1 cents per basic and diluted share a year ago. Headline earnings were ZAR 58,120,000 or 106.5 cents per basic and diluted share against ZAR 60,704,000 or 123.2 cents per basic and diluted share a year ago. Net cash inflow from operating activities was ZAR 56,379,000 against ZAR 57,897,000 a year ago. Acquisition of property, plant and equipment was ZAR 260,000. Capital expenditure to investment properties was ZAR 1,013,000 against ZAR 8,054,000 a year ago.

Notice is hereby given that a distribution for the six-month period ended March 31, 2017 has been approved and declared of 5,206.17928 cents (in aggregate), after non-permissible income, for every 100 units so held, to unitholders recorded in the register of the Fund at close of business on June 9, 2017. Unitholders may elect to receive the distribution in cash or to reinvest the distribution by the purchase of new units at a rate of 2.53960 units at 2,050 cents per unit (in aggregate), for every 100 units so held.