GRT - Growthpoint Properties Limited - Dealing in securities by a

GRT - Growthpoint Properties Limited - Dealing in securities by a               
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 A DIRECTOR OF A MAJOR SUBSIDIARY                       
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Name of Executive                :   Mr S A Le Roux                             
Company                          :   Growthpoint Properties                     
                                    Limited                                     
Subsidiary Company               :   Growthpoint Management                     
Services (Pty) Ltd                          

Date of transaction              :   16 November 2011                           
Nature of transaction            :   On-market sale of securities.              
Number of securities             :   85 182                                     
Class of securities              :   Linked units                               
Selling price                    :   R18.50                                     
Total value of transaction       :   R1,575,867.00                              
Nature of interest               :   Sale of linked units pursuant              
to the exercise of 89 375 nil               

                                    cost options awarded during                 
                                    September 2007 and September                
                                    2009 in terms of the                        
Growthpoint Staff Incentive                 

                                    Scheme.                                     
Clearance obtained               :   Yes                                        
Name of Executive                :   Mr S A Le Roux                             
Company                          :   Growthpoint Properties                     
                                    Limited                                     
Subsidiary Company               :   Growthpoint Management                     
                                    Services (Pty) Ltd                          
Date of transaction              :   16 November 2011                           
Nature of transaction            :   On-market sale of securities.              
Number of securities             :   4 193                                      
Class of securities              :   Linked units                               
Selling price                    :   R18.51                                     
Total value of transaction       :   R77,612.43                                 
Nature of interest               :   Sale of linked units pursuant              
                                    to the exercise of 89 375 nil               
cost options awarded during                 

                                    September 2007 and September                
                                    2009 in terms of the                        
                                    Growthpoint Staff Incentive                 
Scheme.                                     

Clearance obtained               :   Yes                                        
Sandton                                                                         
18 November 2011                                                                
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 18/11/2011 12:49:01 Supplied by www.sharenet.co.za                     
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