Dealing In Securities 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: ZAE000188280 (“Safari” or “the Company”) DEALING IN SECURITIES In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: Name Of Director M Minnaar Status: Executive/Non-Executive Non-executive Company Of Which I Am A Director Safari Investments RSA Limited Type Of Securities Shares Class Of Securities Ordinary Date Of Transaction 8 December 2014 (1) 8 December 2014 (2) Cents Per Share 800 (1) 800 (2) Number Of Securities Transacted 13 536 (1) 7 074 (2) Total Rand Value Of Securities R108 288.00 (1) R56 592.00 (2) Name Of Associate FIFO Investments CC (2) Relationship With Director The director is a member and a shareholder of the associate (2) Nature Of Transaction Acquisition of shares through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) (1) Acquisition of shares by the associate through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) (2) Nature And Extent Of Interest In The Direct, beneficial (1) Transaction Indirect, beneficial (2) Clearance Obtained Yes 10 December 2014 Pretoria Sponsor PSG Capital Date: 10/12/2014 04:00:00 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.