Dealing in securities by a director of Arrowhead ARROWHEAD PROPERTIES LIMITED (formerly Nervada Trading 13 (Proprietary) Limited) (Registration number 2011/000308/06) JSE code: AWA ISIN: ZAE000158101 JSE code: AWB ISIN: ZAE000158119 (“Arrowhead”) DEALING IN SECURITIES BY A DIRECTOR OF ARROWHEAD Shareholders are advised of the following information relating to the dealing in securities by a director of Arrowhead. Name of director: Mark Kaplan Transaction date: 26 November 2012 Class of securities: A linked units Number of securities: 329 000 Price per security: R6.55 Total value: R2 154 950 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mark Kaplan Transaction date: 27 November 2012 Class of securities: B linked units Number of securities: 20 000 Price per security: R6.05 Total value: R121 000 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mark Kaplan Transaction date: 27 November 2012 Class of securities: B linked units Number of securities: 64 004 Price per security: R6.20 Total value: R396 824.80 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mark Kaplan Transaction date: 27 November 2012 Class of securities: B linked units Number of securities: 5 000 Price per security: R6.23 Total value: R31 150 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mark Kaplan Transaction date: 27 November 2012 Class of securities: B linked units Number of securities: 2 000 Price per security: R6.24 Total value: R12 480 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Mark Kaplan Transaction date: 27 November 2012 Class of securities: B linked units Number of securities: 129 700 Price per security: R6.25 Total value: R810 625 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 28 November 2012 Sponsor Date: 28/11/2012 04:05:00 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.