DIPULA INCOME FUND LIMITED - Dealings in securities by directors of the company

Dealings in securities by directors of the company

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


DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY


Shareholders are advised of the following information relating to the vesting of conditional awards of Dipula ordinary
shares awarded to directors on 23 August 2019 in terms of the rules of the Company's approved Conditional Share Plan
("CSP").

On 16 November 2022, 501 258 shares were purchased on-market at a price of R4.20 per share for a total value of
R2 105 283.60 to settle the conditional awards which vested, as detailed below:

Name of director:                                           Izak Petersen
Transaction date:                                           16 November 2022
Class of securities:                                        Dipula ordinary shares
Number of securities:                                       343 326
Value of transaction:                                       R1 441 969.20
Nature of transaction:                                      Off-market vesting of shares in terms of the CSP
Nature and extent of director's interest:                   Direct beneficial
Clearance to trade:                                         Yes

Name of director:                                           Ridwaan Asmal
Transaction date:                                           16 November 2022
Class of securities:                                        Dipula ordinary shares
Number of securities:                                       157 932
Value of transaction:                                       R663 314.40
Nature of transaction:                                      Off-market vesting of shares in terms of the CSP
Nature and extent of director's interest:                   Direct beneficial
Clearance to trade:                                         Yes

17 November 2022


Sponsor
Java Capital
Date: 17-11-2022 02:50:00
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