Transfer of Properties DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code for A-linked units: DIA ISIN for A-linked units: ZAE000158317 JSE share code for B-linked units: DIB ISIN for B-linked units: ZAE000158325 (Approved as a REIT by the JSE) (“Dipula” or “the company”) TRANSFER OF PROPERTIES Linked unitholders are referred to previous announcements released on SENS in relation to various acquisitions concluded by Dipula and are advised that the company has taken transfer of 14 properties with a total value of approximately R1.4 billion since June 2012. Of the 14 properties, 8 properties valued at approximately R675 million have transferred in the past four months, including 6 properties valued at approximately R560 million that have transferred since 1 July 2013. A further approximate R940 million of properties are still to be transferred. The company anticipates taking transfer of the majority of these properties within the next few months with the balance of those properties which are under development being transferred between April 2014 and October 2014. As previously announced, all of Dipula’s acquisitions are consistent with its policy of improving the overall quality of its portfolio. The full benefit of these acquisitions will be felt in the financial year ending 31 August 2014 and beyond. 5 August 2013 Sponsor Java Capital Date: 05/08/2013 04:52:00 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.