Dealing In Shares By Associates Of Directors Gaia Infrastructure Capital Limited (previously Gaia Capital Proprietary Limited) (Incorporated in the Republic of South Africa) (Registration number 2015/115237/06) Share Code: GAI ISIN ZAE000210555) (“Gaia” or “the Company”) DEALING IN SHARES BY ASSOCIATES OF DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: 1. NAME OF DIRECTORS L de Wit (non-executive chairman) PB Schabort (non-executive director) COMPANY OF WHICH I AM A Gaia Infrastructure Capital DIRECTOR: Limited NAME OF Associate Familia Asset Managers (PTY) Limited TYPE OF SECURITIES Ordinary shares DATE OF TRANSACTIONS 26 November 2015 (1) 27 November 2015 (2) CENTS PER SHARE 900 (1) 900 (2) NUMBER OF SECURITIES 1 000 (1) TRANSACTED 20 168 (2) TOTAL RAND VALUE OF R9 000.00 (1) SECURITIES R181 512.00 (2) NATURE OF TRANSACTIONS Purchase (On-market transaction) EXTENT OF DIRECTOR’S INTEREST Indirect, beneficial (both directors IN THE TRANSACTIONS have a beneficial interest in the associate) CONFIRMATION THAT CLEARANCE Yes HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66 2. NAME OF DIRECTOR PB Schabort COMPANY OF WHICH I AM A DIRECTOR: Gaia Infrastructure Capital Limited STATUS Non-Executive director NAME OF ASSOCIATE Local & Overseas Leisure Corp Limited TYPE OF SECURITIES Ordinary shares DATE OF TRANSACTIONS 17 November 2015 (1) 25 November 2015 (2) 26 November 2015 (3) 27 November 2015 (4) CENTS PER SHARE 900 (1) 870 (2) 900 (3) 900 (4) NUMBER OF SECURITIES TRANSACTED 15 270 (1) 5 998 (2) 1 000 (3) 20 268 (4) TOTAL RAND VALUE OF SECURITIES R137 430.00 (1) R52 182.60 (2) R9 000.00 (3) R182 412.00 (4) NATURE OF TRANSACTIONS Purchase (1-2) Disposal (3-4) (On market transaction) EXTENT OF DIRECTOR’S INTEREST IN Indirect, beneficial THE TRANSACTIONS CONFIRMATION THAT CLEARANCE HAS Yes BEEN GIVEN IN TERMS OF PARAGRAPH 3.66 1 December 2015 Cape Town Sponsor PSG CAPITAL PROPRIETARY LIMITED Date: 01/12/2015 04:47:00 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.