Attacq : Condensed unaudited consolidated interim financial results for the six months ended 31 December 2021

SHORT FORM

ANNOUNCEMENT

CONDENSED UNAUDITED CONSOLIDATED

INTERIM FINANCIAL RESULTS

for the six months ended 31 December 2021

	Distributable		Net asset value		Group
	income per share		per share		gearing
	 33.6%		 7.1%		 38.0%
	31 December 2020:	31 December 2020:		31 December 2020:
	declined by 57.5%	declined by 26.6%	46.3%
	COVID-19 rental		Growth in weighted		Developments under
		average trading		construction in
	discounts provided		density over 12 months		Waterfall City
	 84.3%		 8.7%		 59 395m2
	to R8.5 million		31 December 2020:		31 December 2020:
			declined by 6.5%		17 283m2

This short-form announcement is the responsibility of the directors and is a summary of the full announcement released on SENS on 22 March 2022 and does not include full or complete details. The short-form announcement has not been audited or reviewed by the Company's external auditors. The full announcement is available on the Company's website at www.attacq.co.za/investor-hub and can be accessed using the following JSE link: https://senspdf.jse.co.za/documents/2022/jse/isse/ATT/2022HYRES.pdf

The Group has restated its prior period financial statements. For more information, refer to the full announcement.

The full announcement is available for inspection at the registered offices of the Company or its sponsor, at no charge, during office hours from Tuesday, 22 March 2022 to Tuesday, 29 March 2022. Copies of the full announcement may be requested via email from [e-mail] or [e-mail]. Any investment decision should be based on the full announcement available on the Company's website.

D I V I D E N D

The board of directors has elected to take a conservative approach to capital management and has therefore resolved not to declare an interim dividend for the six months ended

31 December 2021.

FINANCIAL PERFORMANCE

		31 December	31 December	%
		2021	2020	change
Distributable income per share	cents	28.2	21.1	33.6
Total assets	R'000	21 577 860	24 104 944	(10.5)
Net asset value per share	cents	1 683	1 571	7.1
Gross revenue	R'000	1 392 384	1 207 593	15.3
Profit (loss) per share	cents	99.8	(56.4)	277.0
Headline earnings per share	cents	70.5	29.3	140.6

By order of the board

Attacq Limited

22 March 2022

ATTACQ LIMITED: Incorporated in the Republic of South Africa. Registration number 1997/000543/06. JSE share code: ATT ISIN: ZAE000177218

(Approved as a REIT by the JSE) (Attacq or Company or Group). Independent non-executive directors: P Tredoux (chairperson), HR El Haimer (lead independent), TP Leeuw, IN Mkhari, S Shaw-Taylor, AE Swiegers, JHP van der Merwe. Executive directors: JR van Niekerk (CEO), R Nana (CFO). Interim company secretary: B Baker. Registered office: ATT House, 2nd Floor, Maxwell Office Park, 37 Magwa Crescent, Waterfall City, 2090. Postal address: PostNet suite 016, Private Bag X81, Halfway House, 1685. Transfer secretaries: Computershare Investor Services Proprietary Limited.

Sponsor: Java Capital. Independent auditors: Ernst & Young Inc.