Dealings in securities by directors and the company secretary SA CORPORATE REAL ESTATE LIMITED (Incorporated in the Republic of South Africa) (Registration number 2015/015578/06) JSE share code: SAC ISIN: ZAE000203238 ("SA Corporate") REIT status approved DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY In terms of paragraph 3.63 - 3.74 of the JSE Limited Listings Requirements, the following information, relating to the dealings in securities by directors and the company secretary is disclosed: Director: Mr TR Mackey Transaction date: 8 July 2015 Class of securities: Ordinary shares Price per security: R4.58 Number of securities: 220 010 Total value: R1 007 645.80 Nature of transaction: Transfer of SA Corporate shares which were previously held on an indirect beneficial basis by Mr TR Mackey via the Old Mutual Property Proprietary Limited Share Medium Term Incentive Scheme (off market) Extent of interest: The transfer results in a change of interest from indirect beneficial to direct beneficial Written clearance to deal received: Yes Director: Ms AM Basson Transaction date: 8 July 2015 Class of securities: Ordinary shares Price per security: R4.58 Number of securities: 100 356 Total value: R459 630.48 Nature of transaction: Transfer of SA Corporate shares which were previously held on an indirect beneficial basis by Ms AM Basson via the Old Mutual Property Proprietary Limited Share Medium Term Incentive Scheme (off market) Extent of interest: The transfer results in a change of interest from indirect beneficial to direct beneficial Written clearance to deal received: Yes Company secretary: Mr B Swanepoel Transaction date: 8 July 2015 Class of securities: Ordinary shares Price per security: R4.58 Number of securities: 18 359 Total value: R84 084.22 Nature of transaction: Transfer of SA Corporate shares which were previously held on an indirect beneficial basis by Mr B Swanepoel via the Old Mutual Property Proprietary Limited Share Medium Term Incentive Scheme (off market) Extent of interest The transfer results in a change of interest from indirect beneficial to direct beneficial Written clearance to deal received: Yes Dispensation was obtained from the JSE Limited to effect the above transactions during a closed period and was granted on the basis that the directors and the company secretary had no discretion in the transactions or the related price per share. Cape Town 10 July 2015 Investment bank and sponsor Nedbank Date: 10/07/2015 03:00:00 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.