ACUCAP PROPERTIES LIMITED - Dealings by an associate of a director

Dealings by an associate of a director

Acucap Properties Limited
Incorporated in the Republic of South Africa
Registration number 2001/021725/06
Share code: ACP
ISIN: ZAE000188660
Approved as a REIT by the JSE
( "Acucap" or the "Company" )


DEALINGS BY AN ASSOCIATE OF A DIRECTOR
Intaprop Holdings (Pty) Ltd, a company in which Norman Whale, a director of Acucap, holds an
effective indirect beneficial interest of 28.5% (through a trust in which he is a beneficiary), disposed of
shares in Acucap. In compliance with paragraph 3.63 to 3.66 of the JSE Listings Requirements, the
following information is disclosed:



Name of director:                     Norman Whale                        Norman Whale

Type of director:                     Non-executive director              Non-executive director

Nature of transaction:                On-market disposal                  On-market disposal

Number and class of securities        5 700 ordinary shares*              6 475.77 ordinary shares**
disposed:

Date of disposal of the Acucap        26 November 2014                    27 November 2014
securities:

Price:                                5 146.18 cents                      5 159.69 cents

Total value:                          R293 332.26                         R334 129.65

Nature of interest:                   Indirect beneficial                 Indirect beneficial


* Effective beneficial indirect interest of 5 700 ordinary shares being 28.5% X 20 000 ordinary shares
at 5 146.18 cents per share
** Effective beneficial indirect interest of 6 475.77 ordinary shares being 28.5% X 22 722 ordinary
shares at 5 159.69 cents per share



Cape Town

2 December 2014


Sponsor to Acucap
Questco (Pty) Ltd

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