GRT - Growthpoint Properties Limited - Director`s dealing in securities

GRT - Growthpoint Properties Limited - Director`s dealing in securities         
Growthpoint Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004988/06)                                            
Share code:  GRT  ISIN: ZAE000037669                                            
DIRECTOR`S DEALING IN SECURITIES                                                
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
The SENS announcement issued on 20 March 2009 incorrectly reflected Mr E K de   
Klerk`s transaction as an acquisition, whereas it should have been reflected as 
a sale, as follows:                                                             
Company director:                  E K de Klerk                                 
Date of transaction:               19 March 2009                                
Number of linked units:            133,333                                      
Value of linked unit:              R13.29326                                    
Total value of transaction:        R1,772,430.48                                
Class of linked units:             Ordinary                                     
Nature of transaction:             Sale of linked units pursuant to the exercise
                                  on 17 March 2009 of 133,333 options awarded   
on 20 November 2007 in terms of the           

                                  Growthpoint Staff Incentive Scheme.           
Nature of interest:                Direct, Beneficial                           
Clearance:                         Clearance in terms of par. 3.66 of the JSE   
Listings Requirements was obtained for this   

                                  transaction.                                  
Date: 24 March 2009                                                             
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 24/03/2009 09:29:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.