Dealings 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 paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: 1. 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 transactions 1 July 2015 (1) & (2) Cents per share 829 (1) & (2) Number of securities transacted 13 618 (1) 7 117 (2) Total rand value of securities R112 893.22 (1) R58 999.93 (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 transactions Acquisition of shares by a director through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) (1) Acquisition of shares by an associate of a director through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) (2) Nature and extent of interest in the transactions Direct, beneficial (1) Indirect, beneficial (2) Clearance obtained Yes 2. Name of director JZ Engelbrecht Status: Executive/Non-executive Executive Company of which I am a director Safari Investments RSA Limited Type of securities Shares Class of securities Ordinary Date of transaction 1 July 2015 Cents per share 829 Number of securities transacted 2 092 Total rand value of securities R17 342.68 Nature of transaction Acquisition of shares by a director through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) Nature and extent of interest in the transaction Direct, beneficial Clearance obtained Yes 3. Name of director FJJ Marais Status: Executive/Non-executive Executive Company of which I am a director Safari Investments RSA Limited Type of securities Shares Class of securities Ordinary Date of transactions 1 July 2015 (1) & (2) 2 July 2015 (3) & (4) Cents per share 829 (1) & (2) 850 (3) & (4) Number of securities transacted 292 023 (1) 12 304 (2) 107 697 (3) 107 697 (4) Total rand value of securities R2 420 870.67 (1) R102 000.16 (2) R915 424.50 (3) R915 424.50 (4) Name of associate Safarihold Proprietary Limited (1) & (3) MDM Architects CC (2) & (4) Relationship with director The director is a director and a shareholder of the associate (1) & (3) The director is a member and a shareholder of the associate (2) & (4) Nature of transactions Acquisition of shares by an associate of a director through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) (1) & (2) Disposal of shares by an associate of a director (Off-market transaction) (3) Acquisition of shares by an associate of a director (Off-market transaction) (4) Nature and extent of interest in the transactions Indirect, beneficial (1) - (4) Clearance Obtained Yes 4. Name of director MH Tsolo 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 1 July 2015 Cents per share 829 Number of securities transacted 48 636 Total rand value of securities R403 192.44 Name of associate Thabo Investments Corporation Proprietary Limited Relationship with director The director is a director and a shareholder of the associate Nature of transaction Acquisition of shares by an associate of a director through the election to reinvest the cash distribution in Safari ordinary shares (Off-market transaction) Nature and extent of interest in the transaction Indirect, beneficial Clearance obtained Yes 2 July 2015 Pretoria Sponsor PSG Capital Proprietary Limited Date: 02/07/2015 04:06:00 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.