INVESTEC AUSTRALIA PROPERTY FUND - Dealings in securities by directors

Dealings in securities by directors

INVESTEC AUSTRALIA PROPERTY FUND
Incorporated and registered in Australia in terms of ASIC (ARSN 162 067 736)
Registered as a foreign collective investment scheme in terms of the Collective Investment Schemes Control Act No. 45 of
2003 and operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (“Responsible Entity”)
Share code: IAP
ISIN: AU60INL00018
(“IAPF” or “the Fund”)



DEALINGS IN SECURITIES BY DIRECTORS



Unitholders are advised that pursuant to the rights offer undertaken by IAPF which closed on Friday, 24 February 2017, Mr.
Samuel R Leon, being a director of the Responsible Entity, elected to follow his rights to subscribe for new IAPF units, as
detailed below:

Name of director:                            Samuel R Leon
Transaction date:                            27 February 2017
Class of securities:                         Units
Number of securities:                        264,188
Price per security:                          R13.50
Total value of transaction:                  R3,566,538.00
Nature of transaction:                       Off-market purchase in terms of rights offer
Nature and extent of director’s interest:    Direct beneficial
Clearance to deal received:                  Yes



Johannesburg
1 March 2017

Investment Bank and Sponsor
Investec Bank Limited

Date: 01/03/2017 09:00:00 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.