Dealings in securities by an associate of a director of the Company SYNERGY INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: SGA ISIN: ZAE000161550 JSE share code: SGB ISIN: ZAE000162293 (Approved as a REIT by the JSE) (“Synergy” or “the Company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Linked unitholders are advised of the following information relating to dealings in securities by an associate of a director of the Company: Name of associate: Brooks Family Trust Name of director and relationship to director: William Brooks, who is a trustee and beneficiary of the Brooks Family Trust Transaction date: 12 December 2014 Class of securities: B linked units Number of securities: 100 Price per security: R6.80 Total value: R680.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Name of associate: Brooks Family Trust Name of director and relationship to director: William Brooks, who is a trustee and beneficiary of the Brooks Family Trust Transaction date: 18 December 2014 Class of securities: B linked units Number of securities: 159 900 Highest trade price: R6.55 Weighted average price per security: R6.54625 Lowest trade price: R6.52 Total value: R1 046 745.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Name of associate: Brooks Family Trust Name of director and relationship to director: William Brooks, who is a trustee and beneficiary of the Brooks Family Trust Transaction date: 19 December 2014 Class of securities: B linked units Number of securities: 140 000 Price per security: R6.50 Total value: R910 000.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial 19 December 2014 Sponsor Java Capital Date: 19/12/2014 05:20:00 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.