Director's Dealings Investec Property Fund Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) Registration number 2008/011366/06 ISIN: ZAE000180915 JSE Share code: IPF (“Investec Property Fund” or “the Fund”) DEALING IN SECURITIES BY DIRECTORS In compliance with the JSE Limited Listings Requirements, the following information is disclosed in relation to the 2014 dividend reinvestment p l a n in respect of which new Investec Property Fund shares were allotted and issued (i.e. as off-market transactions) at R 13.70 per ordinary share on 17 June 2014 to Directors and Directors’ Associates. Director’s Associate : Modidima Ventures (Pty) Ltd Director : Mr Moses M Ngoasheng Company : Investec Property Fund Limited Date of Transaction : 17 June 2014 Nature of Transaction : New Allotment – Dividend Reinvestment Number of securities : 3,477 Class of securities : Ordinary Shares Total value of transaction : R 47,634.90 Nature of interest : Indirect, beneficial Clearance obtained : Yes Director : Ms Constance M Mashaba Company : Investec Property Fund Limited Date of transaction : 17 June 2014 Nature of transaction : New Allotment – Dividend Reinvestment Number of securities : 2528 Class of securities : Ordinary Shares Total value of transaction : R 34,633.60 Nature of interest : Direct, beneficial Clearance obtained : Yes Director’s Associate : Gaal Holdings (Pty) Ltd Director : Mr Luigi LM Giuricich Company : Investec Property Fund Limited Date of Transaction : 17 June 2014 Nature of Transaction : New Allotment – Dividend Reinvestment Number of securities : 13 697 Class of securities : Ordinary Shares Total value of transaction : R 187,648.90 Nature of interest : Indirect, Beneficial Clearance obtained : Yes Sandton 19 June 2014 Sponsor: Investec Bank Limited Date: 19/06/2014 04:55:00 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.