Dealings in securities by directors and associates of directors Delta Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2002/005129/06) Share code: DLT ISIN: ZAE000172052 ("Delta") REIT status approved DEALING IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS In terms of a voting pool agreement entered into between the founders of Delta, details of which were disclosed in Delta’s pre-listing statement dated 23 October 2012, the founders have exercised their pre-emptive rights to purchase 900 000 linked units from the Moloto Family Trust. The disclosures below reflect the trades by directors as a result of the exercise of the pre-emptive rights in terms of the voting pool agreement. Non-executive director: I N Mkhari Date of transaction: 14 July 2014 Class of securities: Linked units Number of securities: 900 000 Price per security: R7.74 Value of transaction: R6 966 000 Extent of interest: Indirect beneficial Nature of transaction: Sale of shares (off market) by the Moloto Family Trust, an associate of Ms I N Mkhari Written permission to deal: Yes Chief Executive Officer: S H Nomvete Date of transaction: 14 July 2014 Class of securities: Linked units Number of securities: 643 702 Price per security: R7.74 Value of transaction: R4 982 253.48 Extent of interest: Indirect beneficial Nature of transaction: Purchase of shares (off market) by Mesismart Proprietary Limited, a subsidiary of Boyzana Trust, an associate of Mr S H Nomvete Written permission to deal: Yes Chief Financial Officer: B A Corbett Date of transaction: 14 July 2014 Class of securities: Linked units Number of securities: 152 149 Price per security: R7.74 Value of transaction: R1 177 633,26 Extent of interest: Indirect beneficial Nature of transaction: Purchase of shares (off market) by Copapax Proprietary Limited, an associate of Ms B A Corbett Written permission to deal: Yes Chairperson: J B Magwaza Date of transaction: 14 July 2014 Class of securities: Linked units Number of securities: 69 381 Price per security: R7.74 Value of transaction: R537 008.94 Extent of interest: Direct beneficial Nature of transaction: Purchase of shares (off market) Written permission to deal: Yes Although not required to be disclosed in terms of the JSE Listings Requirements, Dalinex Proprietary Limited, an associate of Mr J Mriga (one of the founders of Delta), acquired the balance of the securities, being 34 768 linked units. 15 July 2014 Investment bank and sponsor Nedbank Capital Date: 15/07/2014 09:45:00 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.