DELTA PROPERTY FUND LIMITED - Dealing in securities by a director

Dealing in securities by a director

Delta Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2002/005129/06)
Share code: DLT ISIN: ZAE000194049
(“Delta”)
REIT status approved

DEALING IN SECURITIES BY A DIRECTOR

In terms of paragraph 3.63 - 3.74 of the JSE Limited (“JSE”) Listings Requirements, the following
information relating to the dealings in securities by a director is disclosed:

Non-executive director:                          N Khan
Date of transaction:                             29 June 2017
Extent of interest:                              Indirect beneficial via the NK Trust, of which Mrs Khan is a
                                                 beneficiary and trustee. The NK Trust has a 20% interest in
                                                 Cornwall Crescent Proprietary Limited (“Cornwall”)
Nature of transaction:                           Purchase of securities by Cornwall from Redefine
                                                 Properties Limited (off market)
Number of securities:                            162 043 079, being the total number of securities
                                                 purchased by Cornwall
Price per security:                              R9.00
Value of transaction:                            R1 458 387 711, being the total consideration
Class of securities:                             Delta ordinary shares
Written clearance to deal:                       Yes
Dispensation to deal in a closed period:         The JSE waived compliance with paragraph 3.69 of the
                                                 Listings Requirements relating to directors’ dealings during
                                                 a closed period. As stated above, Mrs Khan has an indirect
                                                 interest in Cornwall through the NK Trust. Mrs Khan is a
                                                 beneficiary of the NK Trust, as well as one of three trustees
                                                 of the NK Trust. The NK Trust has a 20% interest in
                                                 Cornwall, therefore the NK Trust is not able to exercise
                                                 control over Cornwall in respect of its decision-making
                                                 with regard to this transaction. This transaction, and the
                                                 timing of its implementation, was not within the control of
                                                 Mrs Khan.
30 June 2017

Investment bank and sponsor
Nedbank Corporate and Investment Banking

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