SA CORPORATE REAL ESTATE LIMITED - Dealing in securities by a director

Dealing in securities by a director

SA Corporate Real Estate Limited
(Incorporated in the Republic of South Africa)
Share Code: SAC ISIN Code: ZAE000203238
(Registration number 2015/015578/06)
("SA Corporate")
REIT status approved

DEALING IN SECURITIES BY A DIRECTOR

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 of transaction:                                  6 March 2018
Number of matched share awards:                       163 677
Price per matched share:                              R4.84
Value of transaction:                                 R792 196.68
Nature of transaction:                                One-third vesting of matched shares awarded in 2014 in terms
                                                      of participation in SA Corporate’s Forfeitable Share Plan (off
                                                      market)

Date of transaction:                                  6 March 2018
Number of shares:                                     72 300
Average price per share:                              R4.8789
Highest price per share:                              R4.93
Lowest price per share:                               R4.85
Value of transaction:                                 R352 744.47
Nature of transaction:                                Sale of ordinary shares to cover tax expenses relating to the
                                                      vesting of the 2014 matched shares (on the open market)

Date of transaction:                                  6 March 2018
Number of forfeitable performance share awards:       91 377
Price per forfeitable performance share:              R4.6902
Value of transaction:                                 R428 576.41
Nature of transaction:                                Grant and acceptance of matched share awards in terms of SA
                                                      Corporate’s Forfeitable Share Plan (off market)
Vesting period:                                       Matched shares vest in equal portions over 3, 4 and 5 years

Nature of interest:                                   Direct beneficial
Written clearance to deal received:                   Yes


Cape Town
8 March 2018

Sponsor
Nedbank Corporate and Investment Banking

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