Dealing in securities by a director and the company secretary SA Corporate Real Estate Fund (Incorporated in the Republic of South Africa) Share Code: SAC ISIN Code: ZAE000083614 A Collective Investment Scheme in property registered in terms of the Collective Investment Schemes Control Act, No. 45 of 2002 and managed by SA Corporate Real Estate Fund Managers Limited (Registration number 1994/009895/06) ("SA Corporate") REIT status approved DEALING IN SECURITIES BY A DIRECTOR AND THE COMPANY SECRETARY In terms of paragraph 3.63 - 3.74 of the JSE Limited Listings Requirements, the following information, relating to the dealing in securities by a director and the company secretary is disclosed: Director: Mr TR Mackey Transaction date: 23 April 2014 Class of securities: Units Price per security: R4.09 per unit Number of securities: 246 784 Total value: R1 009 346.56 Nature of transaction: The acquisition (on the open market) on behalf of Mr TR Mackey and allocation to him of SA Corporate units in terms of the Old Mutual Property Proprietary Limited Share Medium Term Incentive Scheme Extent of interest: Indirect beneficial (via Old Mutual Medium Term Incentive Scheme Trust) Written clearance to deal received: Yes Company secretary: Mr B Swanepoel Transaction date: 23 April 2014 Class of securities: Units Price per security: R4.09 per unit Number of securities: 31 196 Total value: R127 591.64 Nature of transaction: The acquisition (on the open market) on behalf of Mr B Swanepoel and allocation to him of SA Corporate units in terms of the Old Mutual Property Proprietary Limited Share Medium Term Incentive Scheme Extent of interest Indirect beneficial (via Old Mutual Medium Term Incentive Scheme Trust) Written clearance to deal received: Yes Johannesburg 24 April 2014 Investment bank and sponsor Nedbank Capital Date: 24/04/2014 02:42:00 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.