Dealings in securities by associates of directors of Lodestone LODESTONE REIT LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2010/017830/06) JSE share code: LDO ISIN: ZAE000197935 (Approved as a REIT by the JSE) (“Lodestone”) DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF LODESTONE Shareholders are advised of the following information relating to dealings in securities by associates of directors of Lodestone: Name of associate: Spear Edge Investments Proprietary Limited Name of director and relationship to director: Herman Zolty, who is a trustee and beneficiary of HAZ Trust, which owns 100% of Spear Edge Investments Proprietary Limited Transaction date: 18 January 2016 Class of securities: Ordinary shares Number of securities: 20 000 Price per security: R6.50 Total value: R130 000.00 Nature of transaction: On-market purchase Nature and extent of directors’ interest: Indirect beneficial Name of associate: Twenty Eight Twelve Investment Properties CC Name of director and relationship to director: Jason Cooper, who is the sole member of Twenty Eight Twelve Investment Properties CC Transaction date: 18 January 2016 Class of securities: Ordinary shares Number of securities: 39 768 Price per security: R6.50 Total value: R258 492.00 Nature of transaction: On-market purchase Nature and extent of directors’ interest: Indirect beneficial Name of associate: Spear Edge Investments Proprietary Limited Name of director and relationship to director: Herman Zolty, who is a trustee and beneficiary of HAZ Trust, which owns 100% of Spear Edge Investments Proprietary Limited Transaction date: 19 January 2016 Class of securities: Ordinary shares Number of securities: 20 000 Price per security: R6.50 Total value: R130 000.00 Nature of transaction: On-market purchase Nature and extent of directors’ interest: Indirect beneficial Name of associate: Antediluvian Investments Proprietary Limited Name of director and relationship to director: Craig Hallowes, who is a trustee and beneficiary of The Brabazon Trust which owns 100% of Antediluvian Investments Proprietary Limited Transaction date: 19 January 2016 Class of securities: Ordinary shares Number of securities: 50 000 Price per security: R6.50 Total value: R325 000.00 Nature of transaction: On-market purchase Nature and extent of directors’ interest: Indirect beneficial Name of associate: Redspiced Investments Proprietary Limited Name of director and relationship to director: Gidon Trope, who is a trustee and beneficiary of GT Trust, which owns 100% of Redspiced Investments Proprietary Limited Transaction date: 19 January 2016 Class of securities: Ordinary shares Number of securities: 20 000 Price per security: R6.50 Total value: R130 000.00 Nature of transaction: On-market purchase Nature and extent of directors’ interest: Indirect beneficial 21 January 2016 Sponsor Java Capital Date: 21/01/2016 11:30:00 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.