Dealings in securities by associates of a director of Equites EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) JSE share code: EQU ISIN: ZAE000188843 (Approved as a REIT by the JSE) (“Equites”) DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF EQUITES Shareholders are advised of the following information relating to dealings in securities by associates of a director of Equites: Name of associate: The Junktin Trust Name of director and relationship to director: Giancarlo Lanfranchi, who is a trustee and a beneficiary of The Junktin Trust Transaction date: 30 November 2015 Class of securities: Ordinary shares Number of securities: 220 000 Price per security: R14.00 Total value: R3 080 000.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Name of associate: Gamlan Investments (Pty) Ltd Name of director and relationship to director: Giancarlo Lanfranchi, who is a director of and who holds an indirect beneficial interest in Gamlan Investments (Pty) Ltd via the La Famiglia Trust of which he is a beneficiary Transaction date: 30 November 2015 Class of securities: Ordinary shares Number of securities: 220 000 Price per security: R14.00 Total value: R3 080 000.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial 2 December 2015 Sponsor Java Capital Date: 02/12/2015 05:40:00 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.