SA CORPORATE REAL ESTATE FUND - Dealings in securities by directors and the company secretary

Dealings in securities by directors and the company secretary

SA Corporate Real Estate Fund
A Collective Investment Scheme in Property registered in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002 and managed by SA Corporate
Real Estate Fund Managers Limited (Registration number 1994/009895/06)
Share Code: SAC ISIN Code: ZAE000083614
(“SA Corporate”)
Registered as a REIT


DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY

In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed:

Name:                                                     T R Mackey
Office held:                                              Managing Director
Date transaction effected:                                19 June 2015
Number of forfeitable performance unit awards:            778 708
Price per forfeitable unit:                               R4.55
Value of transaction:                                     R3 543 121.40
Nature of transaction:                                    Grant and acceptance of forfeitable performance unit awards
                                                          in terms of the SA Corporate Real Estate Fund Forfeitable Unit
                                                          Plan (off market)
Vesting period:                                           100% by 18 June 2018 (3 years) subject to performance
                                                          conditions
Nature of interest:                                       Direct beneficial
Written clearance to deal received:                       Yes


Name:                                                     A M Basson
Office held:                                              Financial Director
Date transaction effected:                                19 June 2015
Number of forfeitable performance unit awards:            438 425
Price per forfeitable unit:                               R4.55
Value of the transaction:                                 R1 994 833.75
Nature of transaction:                                    Grant and acceptance of forfeitable performance unit awards
                                                          in terms of the SA Corporate Real Estate Fund Forfeitable Unit
                                                          Plan (off market)
Vesting period:                                           100% by 18 June 2018 (3 years) subject to performance
                                                          conditions
Nature of interest:                                       Direct beneficial
Written clearance to deal received:                       Yes

Name:                                                     B Swanepoel
Office held:                                              Company Secretary
Date transaction effected:                                19 June 2015
Number of forfeitable performance unit awards:            87 502
Price per forfeitable unit:                               R4.55
Value of the transaction:                                 R398 134.10
Nature of transaction:                                    Grant and acceptance of forfeitable performance unit awards
                                                          in terms of the SA Corporate Real Estate Fund Forfeitable Unit
                                                          Plan (off market)
Vesting period:                                           100% by 18 June 2018 (3 years) subject to performance
                                                          conditions
Nature of interest:                                       Direct beneficial
Written clearance to deal received:                       Yes



Cape Town
22 June 2015

Sponsor
Nedbank

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