ACCELERATE PROPERTY FUND LIMITED - Directors' dealings in securities

Directors' dealings in securities

Accelerate Property Fund Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration number 2005/015057/06)
Share code: APF ISIN: ZAE000185815
(“Accelerate”)

DEALING IN SECURITIES BY DIRECTORS



In compliance with sections 3.63 to 3.74 of the JSE Listings Requirements, as a result of Accelerate
directors participating in the private placement of Accelerate shares announced on the Stock
Exchange News Service on 7 December 2016, shareholders are advised of the following dealings by
directors:

Name of director:                                Andrew Costa

Nature of transaction:                           Delivery of Accelerate ordinary shares following
                                                 the private placement of Accelerate shares

Number of shares:                                17,213,114

Date of transaction:                             8 December 2016

Price per share:                                 R6.10

Total value of the transaction:                  R104,999,995.40

Nature of the transaction:                       Off-market

Nature of interest:                              Indirect beneficial

Clearance to deal obtained:                      Yes



Name of director:                                John Paterson

Nature of transaction:                           Delivery of Accelerate ordinary shares following
                                                 the private placement of Accelerate shares

Number of shares:                                4,237,705

Date of transaction:                             8 December 2016

Price per share:                                 R6.10

Total value of the transaction:                  R25,850,000.50

Nature of the transaction:                       Off-market

Nature of interest:                              Indirect beneficial

Clearance to deal obtained:                      Yes
Name of director:                           Michael Georgiou

Nature of transaction:                      Delivery of Accelerate ordinary shares following
                                            the private placement of Accelerate shares

Number of shares:                           20,491,803

Date of transaction:                        8 December 2016

Price per share:                            R6.10

Total value of the transaction:             R124,999,998.30

Nature of the transaction:                  Off-market

Nature of interest:                         Indirect beneficial

Clearance to deal obtained:                 Yes




Fourways
8 December 2016

Investment Bank and Transaction Sponsor
Investec Bank Limited

Sponsor
The Standard Bank of South Africa Limited

Date: 08/12/2016 01:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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