Hyprop Investments Limited (JSE:HYP) News - Completion of disposal of Delta City Mall in Podgorica HYPROP INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/005284/06) JSE share code: HYP ISIN: ZAE000190724 JSE bond issuer code: HYPI (Approved as a REIT by the JSE) ("Hyprop") COMPLETION OF DISPOSAL OF DELTA CITY MALL IN PODGORICA Shareholders are referred to the announcement published on SENS on 18 February 2022 regarding the disposal by Hystead Limited ("Hystead"), in which Hyprop holds a 60% interest, of its entire shareholding in Delta M CG d.o.o. Podgorica, the company that owns Delta City Mall in Podgorica, Montenegro, to CEE BIG B.V (the "Disposal"). The Disposal has been successfully implemented. The net proceeds will be used to settle a further EUR70 million of Hyprop's Euro-denominated equity debt, following which Hyprop's Euro denominated equity debt will have reduced from EUR373 million at 31 December 2021 to EUR111 million. 23 May 2022 Sponsor Java Capital Date: 23-05-2022 08:00:00 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.