Acceptance of shares in terms of the Capital Property Fund Share Purchase Scheme CAPITAL PROPERTY FUND LIMITED (previously Friedshelf 1497 Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number 2013/226575/06) (Approved as a REIT by the JSE) JSE share code: CPF ISIN: ZAE000186821 (“Capital” or the “company”) ACCEPTANCE OF SHARES IN TERMS OF THE CAPITAL PROPERTY FUND SHARE PURCHASE SCHEME Shareholders are advised of the following information relating to the acceptance of shares as offered to directors and officers in terms of the rules of the Capital Property Fund Share Purchase Scheme (“the Scheme”). In terms of the rules of the Scheme, ownership of the share vests in the beneficiaries, but the shares are pledged to the Scheme until the outstanding balance due (including interest) is paid. The pricing of the shares was determined on 20 February 2015. Name of associate: K2014070733 Proprietary Limited Name of director and relationship to director: Barry Stuhler, who is a trustee and beneficiary of The Centre Road Trust, which owns 100% of K2014070733 Proprietary Limited Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 1 500 000 Price per security: R13.60 Total value: R20 400 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Wild Break 250 Proprietary Limited Name of director and relationship to director: David Lewis, who is a trustee and beneficiary of the Dyjaju Trust, which owns 100% of Wild Break 250 Proprietary Limited Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 1 000 000 Price per security: R13.60 Total value: R13 600 00.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Rumae Holdings Proprietary Limited Name of director and relationship to director: Rual Bornman, who is a trustee and beneficiary of The Rumae Trust, which owns 100% of Rumae Holdings Proprietary Limited Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 1 000 000 Price per security: R13.60 Total value: R13 600 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Jean Avenue Property Investments Proprietary Limited Name of director and relationship to director: Andrew Teixeira, who is a trustee and beneficiary of the Ida Family Trust, which owns 100% of Jean Avenue Property Investments Proprietary Limited Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 1 250 000 Price per security: R13.60 Total value: R17 000 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of director’s interest: Indirect beneficial Name of director: Fareed Wania Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 500 000 Price per security: R13.60 Total value: R6 800 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of company secretary: Jonathan Bigham Transaction date: 20 February 2015 Class of securities: Ordinary shares Number of securities: 250 000 Price per security: R13.60 Total value: R3 400 000.00 Nature of transaction: Off-market acceptance of shares offered in terms of the Scheme Nature and extent of company secretary’s interest: Direct beneficial Clearance to deal received: Yes 24 February 2015 Sponsor Java Capital Date: 24/02/2015 03:40:00 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.