GRT - Growthpoint Properties Limited - Dealing in securities by an executive of

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                    :  Mr A L Davis                            
Company                              :  Growthpoint Properties Limited          
Subsidiary Company                   :  Growthpoint Management Services         
                                       (Pty) Ltd                                
Date of transaction                  :  15 November 2011                        
Nature of transaction                :  Off-market acquisition of linked        
                                       units pursuant to the exercise of        
                                       33 750 nil cost options awarded in       
terms of the Growthpoint Staff           

                                       Incentive Scheme on 1 September          
                                       2007 and 1 September 2009.               
Number of securities                 :  20 250                                  
Class of securities                  :  Linked units                            
Market value per linked unit         :  R18.25                                  
Total value of transaction           :  R369,562.50                             
Nature of interest                   :  Direct, Beneficial                      
Clearance obtained                   :  Yes                                     
Name of Executive                    :  Mr A L Davis                            
Company                              :  Growthpoint Properties Limited          
Subsidiary Company                   :  Growthpoint Management Services         
(Pty) Ltd                                

Date of transaction                  :  15 November 2011                        
Nature of transaction                :  On-market sale of securities            
                                       pursuant to the exercise of 33 750       
nil cost options awarded in terms        

                                       of the Growthpoint Staff Incentive       
                                       Scheme on 1 September 2007 and 1         
                                       September 2009.                          
Number of securities                 :  13 500                                  
Class of securities                  :  Linked units                            
Selling price                        :  R18.25                                  
Total value of transaction           :  R246,375.00                             
Nature of interest                   :  Direct, Beneficial                      
Clearance obtained                   :  Yes                                     
Sandton                                                                         
16 November 2011                                                                
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 16/11/2011 15:14:00 Supplied by www.sharenet.co.za                     
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