Dealings in securities by directors of Resilient RESILIENT PROPERTY INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/016851/06) JSE share code: RES ISIN:ZAE000190807 (Approved as a REIT by the JSE) (“Resilient” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS OF RESILIENT Shareholders are advised of the following information relating to dealings in securities by directors of Resilient: Name of director: Nick Hanekom Transaction date: 17 March 2015 Class of securities: Ordinary shares Number of securities: 253 656 Highest traded price per security:* R104.71 Weighted average price per security: R104.24720 Lowest traded price per security:* R99.64 Total value: R26 442 927.76 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal received Yes Name of director: Andries de Lange Transaction date: 18 March 2015 Class of securities: Ordinary shares Number of securities: 51 063 Price paid per security: R105.00 Total value: R5 361 615.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal received Yes Name of director: Andries de Lange Transaction date: 19 March 2015 Class of securities: Ordinary shares Number of securities: 6 921 Highest traded price per security:* R105.00 Weighted average price per security: R104.97380 Lowest traded price per security:* R102.35 Total value: R726 523.67 Nature of transaction: On-market sale Nature and extent of director’s interest: Direct beneficial Clearance to deal received Yes *Highest and lowest traded prices per security on the market on the day. 23 March 2015 Sponsor Java Capital Date: 23/03/2015 04:07:00 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.