Dealing in Securities by Associates of Directors SAFARI INVESTMENTS RSA LIMITED (Incorporated in the Republic of South Africa) Registration number: 2000/015002/06 Approved as a REIT by the JSE Limited Share code: SAR ISIN number: ZAE000188280 (“Safari” or “the Company”) DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR: PA PIENAAR STATUS: EXECUTIVE DIRECTOR COMPANY: SAFARI INVESTMETNS RSA LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 12 AUGUST 2014 PRICE PER SHARE: R8.00 NUMBER OF SECURITIES TRANSACTED: 27 500 TOTAL RAND VALUE OF SECURITIES: R220 000.00 NATURE OF TRANSACTION: ACQUISITION OF SHARES BY AN ASSOCIATE OF A DIRECTOR (ON-MARKET TRANSACTION) NAME OF ASSOCIATE DREAM WORLD INVESTMENTS 77 PROPRIETARY LIMITED RELATIONSHIP WITH THE DIRECTOR IS A DIRECTOR AND DIRECTOR: SHAREHOLDER OF THE ASSOCIATE NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES NAME OF DIRECTOR: FJJ MARAIS STATUS: EXECUTIVE DIRECTOR COMPANY: SAFARI INVESTMETNS RSA LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 12 AUGUST 2014 PRICE PER SHARE: (1)R8.00 (2)R8.10 NUMBER OF SECURITIES TRANSACTED: (1)22 500 (2)15 000 TOTAL RAND VALUE OF (1)R180 000.00 SECURITIES: (2)R121 500.00 NATURE OF TRANSACTION: ACQUISITION OF SHARES BY AN ASSOCIATE OF A DIRECTOR (ON-MARKET TRANSACTION) NAME OF ASSOCIATE SAFARIHOLD PROPRIETARY LIMITED RELATIONSHIP WITH THE DIRECTOR IS A DIRECTOR AND DIRECTOR: SHAREHOLDER OF THE ASSOCIATE NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES Pretoria 13 August 2014 Sponsor PSG Capital Proprietary Limited Date: 13/08/2014 09:00:00 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.