GRT - Growthpoint Properties Limited - Dealing in securities by an

GRT - Growthpoint Properties Limited - Dealing in securities by an              
executive 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 AN EXECUTIVE OF A MAJOR SUBSIDIARY                     
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Name of Executive                :   Mrs N L Kuzmanich                          
Company                          :   Growthpoint Properties                     
                                    Limited                                     
Subsidiary Company               :   Growthpoint Management                     
Services (Pty) Ltd                          

Date of transaction              :   3 November 2011                            
Nature of transaction            :   On-market sale of linked                   
                                    units pursuant to the                       
exercise of 17 500 nil cost                 

                                    options awarded on 20                       
                                    November 2007 in terms of the               
                                    Growthpoint Staff Incentive                 
Scheme.                                     

Number of securities             :   17 500                                     
Class of securities              :   Linked Units                               
Selling price                    :   R18.50                                     
Total value of transaction       :   R323 750.00                                
Nature of interest               :   Direct, Beneficial                         
Clearance obtained               :   Yes                                        
Sandton                                                                         
4 November 2011                                                                 
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 04/11/2011 13:17:10 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.