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LIBERTY TWO DEGREES - L2D : Voluntary update - Massmart exposure

2020/01/14 15:25:10

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L2D : Voluntary update - Massmart exposure: 
LIBERTY TWO DEGREES LIMITED
(Registration number: 2018/388906/06)
JSE share code: L2D
ISIN: ZAE000260576
('L2D')

VOLUNTARY UPDATE - MASSMART EXPOSURE

This voluntary update is provided in response to the announcement released by Massmart Holdings
Limited ('Massmart') on SENS on 13 January 2020, regarding the potential closure of some of its
Dion-Wired and Masscash stores.

L2D's overall exposure to Massmart is 2.0% of portfolio GLA. There is one Dion-Wired store located
at Sandton City which represents 0.11% of portfolio GLA. The store is currently open and trading as
normal. There are no Masscash stores within the L2D portfolio.

Johannesburg
14 January 2020


Sponsor
The Standard Bank of South Africa Limited

Investor Relations
Gareth Rees
Contact number: 011 448 6804

Date: 14-01-2020 03:25:00
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