5/17/2016

RDC PROPERTIES LIMITED INTERIM RESULTS 2001….

Presented by:

G.Giachetti

M.Hadebe

L.Ramokate

REALESTATE GROUP

RDC PROPERTIES LIMITED Our Presentation

Highlights of the interim results 2001...

RDC over the years...

Market overview...

Drinks

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RDC PROPERTIES LIMITED HIGHLIGHTS OF THE INTERIM RESULTS...

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PROPERTY PORTFOLIO VALUE NOW AT

P 101 m Up 20% from P84m (MADAGASCAR,THOLO and MEBALA CENTER AT COSTS)

TURNOVER

P 6,950 m Up 31% from P5,326 m (AGAINST A FORECAST OF 28%)

PROFIT BEFORE INTEREST AND TAXATION :

P3,942 m Up 10% from P3,592 m (AGAINST A FORECAST OF 6%)

RDC PROPERTIES LIMITED

HIGHLIGHTS OF INTERIM 2001

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POSITIVE CONTRIBUTION OF LAST YEARS

INVESTMENTS

TIGHT COST CONTROL - (last year interest income and forex gain represented 10%of profit -

now 1%; emphasizes the level of organic growth achieved).

SUBSTANTIAL IMPROVEMENT ON THE PROJECTIONS

RDC PROPERTIES LIMITED

RDC over the years...

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Strong portfolio growth (value / income)

Consistent profitability.

Major focus on improving Unit-holders value.

MARKET RECOGNITION OF THE VALUE

RDC PROPERTIES LIMITED

RDC over the years...

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Strong portfolio growth (value / income)

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001

0

100

200

300

400

500

600

PORTFOLIO VALUE PROFIT AFTER TAX INCOME

587 %

335%

496 %

Consistent PROFITABILITY

INDEXED: PROPERTY / PROFIT / RENT GROWTH

RDC PROPERTIES LIMITED

RDC over the years...

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0

200

400

600

800

With Cap 100 176 230 288 343 382 416 447 457 587

Without Cap 100 176 230 288 321 351 362 383 371 457

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001

Major focus on improving Unit-holders value.

INDEXED: GROWTH OF UNIT HOLDER WEALTH COMPARATIVE

Capitalisation option exc.

Year Unit held

1992-95 10,000

1996 10,200

1997 10,500

1998 10,900

1999 11,100

2000 12,400

2001 12,400

RDC PROPERTIES LIMITED

RDC over the years...

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TRADING AT A LARGE DISCOUNT TO NAV

0

20

40

60

80

100

NAV 34 35 40 50 52 55 59 74 77 79

Market Cap 32 16 28 26 44 50 61 58 35 44

1992 1993 1994 1995 1996 1997 1998 1999 2000 2001

44%

Discount to NAV

RDC PROPERTIES LIMITED

MARKET OVER VIEW

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DEMAND FOR PRIME PROPERTIES IS STILL STRONG

CEDA PROVIDES OPPORTUNITIES FOR JV -

OUR GROUP HAS DONE MANY JV IN THE PAST AND HOPE THAT OUR

PARTNERS CAN TAKE ADVANTAGE OF REDUCED FINANCING COSTS.

THE MARKET IS MOVING FROM A DEVELOPMENT

MARKET TO A RE-DEVELOPMENT MARKET.

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RDC PROPERTIES LIMITED In summary...

THE YEAR 2001 IS PROVING A VERY GOOD YEAR FOR RDC

PROSPECT FOR THE YEARS TO COME ARE POSITIVE

THANK YOU