Dealing in Securities by a director of PFM CAPITAL PROPERTY FUND Share code CPL ISIN ZAE000001731 (a portfolio in Capital Property Trust Scheme, a collective investment scheme in property registered as such in terms of the Collective Investment Schemes Control Act, No. 45 of 2002) (“the Fund”) Managed by Property Fund Managers Limited (Registration No. 1980/009531/06) (“PFM”) DEALING IN SECURITIES BY A DIRECTOR OF PFM Unitholders are advised of the following information relating to dealings in securities by a director of PFM. These dealings were executed on the director’s behalf by his portfolio manager, acting under discretionary mandate and have only now come to both the Fund and the director’s attention. Steps have been taken by both the Fund and the director to ensure that a similar situation does not arise in the future. Name of director: Iraj Abedian Transaction date: 26 March 2012 Class of securities: Units Number of securities: 10 000 Price per security: R9.235 Total value: R92 350 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Name of director: Iraj Abedian Transaction date: 30 March 2012 Class of securities: Units Number of securities: 5 000 Price per security: R9.125 Total value: R45 625 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Name of director: Iraj Abedian Transaction date: 26 April 2012 Class of securities: Units Number of securities: 5 000 Price per security: R9.2046 Total value: R46 023 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial 15 January 2013 Sponsor Java Capital Date: 15/01/2013 04:59:00 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.