DIPULA INCOME FUND LIMITED - Dealings in securities by an associate of directors of Dipula

Dealings in securities by an associate of directors of Dipula

DIPULA INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2005/013963/06)
JSE share code: DIA   ISIN: ZAE000203378
JSE share code: DIB   ISIN: ZAE000203394
(Approved as a REIT by the JSE)
(“Dipula” or “the company”)


DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF DIPULA


Shareholders are advised of the following information relating to dealings in securities by an associate of directors of Dipula
pursuant to the election offered to shareholders to re-invest the final distribution for the year ended 31 August 2016 in return for
additional shares, at a price of R10.04714 per A ordinary share and R8.94791 B ordinary share, as announced on 12 December
2016 (the “share re-investment option”):

Name of associate:                                              Dipula BEE Trust
Names of directors and relationship to directors:               Saul Gumede, who is a trustee of the Dipula BEE Trust (“the
                                                                Trust”) and who has a 40% beneficial interest in Dijalo Property
                                                                Services (Pty) Ltd, a beneficiary of the Trust, and Izak Petersen, who
                                                                is a trustee of the Trust and who has a 38% beneficial interest in
                                                                Mergence Africa Properties (Pty) Ltd, a beneficiary of the Trust
Transaction date:                                               14 December 2016
Class of securities:                                            B ordinary shares
Number of securities:                                           2 897 612
Total value:                                                    R25 927 571
Nature of transaction:                                          Receipt of shares in terms of the election to participate in the share
                                                                re-investment alternative
Nature and extent of directors’ interests:                      Indirect beneficial

19 December 2016


Sponsor
Java Capital

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