GRT - Growthpoint - Dealing in Securities by Director of a major subsidiary

GRT - Growthpoint - Dealing in Securities by Director of a major subsidiary     
Growthpoint Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
Registration number 1987/004988/06                                              
ISIN: ZAE000037669                                                              
JSE Share code:  GRT                                                            
("Growthpoint" or "the Company")                                                
DEALING IN SECURITIES BY DIRECTOR OF A MAJOR SUBSIDIARY                         
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                         :   Mr A L Cox                                 
Company                          :   Growthpoint Properties                     
                                    Limited                                     
Date of transaction              :   29 October 2010                            
Nature of transaction            :   On-market sale of securities               
Number of securities             :   107 425                                    
Class of securities              :   Ordinary                                   
Volume-weighted average          :   R17.35                                     
selling price                                                                   
Total value of transaction       :   R1,864,058.48                              
Highest price                    :   R17.33                                     
Lowest price                     :   R17.38                                     
Nature of interest               :   Sale of linked units pursuant              
to the exercise on 29 October               

                                    2010 of 107 425 nil cost                    
                                    options awarded on 20                       
                                    November 2007 in terms of the               
Growthpoint Staff Incentive                 

                                    Scheme.                                     
Clearance obtained               :   Yes                                        
Sandton                                                                         
1 November 2010                                                                 
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 01/11/2010 13:00:23 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.