Results of Dividend Re-investment Alternative Growthpoint Properties Limited Approved as a REIT by the JSE (Incorporated in the Republic of South Africa) (Registration number 1987/004988/06) Share code: GRT ISIN ZAE000179420 (“Growthpoint”) RESULTS OF DIVIDEND RE-INVESTMENT ALTERNATIVE Shareholders are referred to the announcements released on the Stock Exchange News Service ("SENS") on 26 August 2015 and 4 September 2015 relating to the declaration and finalisation of the final cash dividend for the three-month period ended 30 June 2015 of 44.50 cents (“Cash Dividend”) per Growthpoint share and the dividend re-investment alternative (“Share Alternative”). Shareholders holding 1,098,881,950 Growthpoint shares or 40.5% of Growthpoint’s issued shares qualifying to receive the dividend elected to receive the Share Alternative, resulting in the issue of 19,309,956 new ordinary shares of no par value and the retention of R482.7 million (based on the discounted issue price of R25.00 for the new shares) in new equity for Growthpoint. Accordingly, a Cash Dividend of R717.9 million is payable today in respect of 1,613,235,626 Growthpoint shares. Dividend cheques in respect of certificated shareholders who elected to receive the Cash Dividend were posted today and share certificates in respect of certificated shareholders who elected the Share Alternative will be posted on Wednesday, 23 September 2015, to such certificated shareholders at their risk. The Central Securities Depository Participants (“CSDP”) or broker custody accounts in respect of dematerialised shareholders who elected to receive the Cash Dividend will be credited today and the CSDP or broker custody accounts in respect of dematerialised shareholders who elected the Share Alternative will be credited with their new shares on Wednesday, 23 September 2015, in line with the adjusted settlement dates as indicated in the aforementioned SENS announcements. 21 September 2015 Sandton Sponsor and Investment Bank to Growthpoint Investec Bank Limited Date: 21/09/2015 11:05:00 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.