Dealings in securities by associates of directors of Arrowhead ARROWHEAD PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2011/000308/06) JSE share code: AWA ISIN: ZAE000203105 JSE share code: AWB ISIN: ZAE000203113 (Approved as a REIT by the JSE) (“Arrowhead”) DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF ARROWHEAD Shareholders are advised of the following information relating to dealings in securities by associates of directors of Arrowhead: Name of associate: Suleman Family Trust Name of director and relationship to director: Imraan Suleman, who is a trustee and beneficiary of the Suleman Family Trust Transaction date: 17 November 2015 Class of securities: A shares Number of securities: 1 674 898 Price per security: R9.71 Total value of transaction: R16 263 259.58 Nature of transaction: Off-market acceptance of A shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Suleman Family Trust Name of director and relationship to director: Imraan Suleman, who is a trustee and beneficiary of the Suleman Family Trust Transaction date: 17 November 2015 Class of securities: B shares Number of securities: 1 674 898 Price per security: R9.50 Total value of transaction: R15 911 531.00 Nature of transaction: Off-market acceptance of B shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Arrowplay Trust Name of director and relationship to director: Mark Kaplan, who is a trustee and beneficiary of the Arrowplay Trust Transaction date: 17 November 2015 Class of securities: A shares Number of securities: 1 674 898 Price per security: R9.71 Total value of transaction: R16 263 259.58 Nature of transaction: Off-market acceptance of A shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: Arrowplay Trust Name of director and relationship to director: Mark Kaplan, who is a trustee and beneficiary of the Arrowplay Trust Transaction date: 17 November 2015 Class of securities: B shares Number of securities: 1 674 898 Price per security: R9.50 Total value of transaction: R15 911 531.00 Nature of transaction: Off-market acceptance of B shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: 2B Mervyn Road Proprietary Limited (“2B Mervyn Road”) Name of director and relationship to director: Gerald Leissner, who is a shareholder and director of 2B Mervyn Road Transaction date: 17 November 2015 Class of securities: A shares Number of securities: 2 066 911 Price per security: R9.71 Total value of transaction: R20 069 705.81 Nature of transaction: Off-market acceptance of A shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: 2B Mervyn Road Name of director and relationship to director: Gerald Leissner, who is a shareholder and director of 2B Mervyn Road Transaction date: 17 November 2015 Class of securities: B shares Number of securities: 2 066 911 Price per security: R9.50 Total value of transaction: R19 635 654.50 Nature of transaction: Off-market acceptance of B shares in terms of The Arrowhead Unit Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial 23 November 2015 Sponsor Java Capital Date: 23/11/2015 04:00:00 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.