Dealings in securities by associates of a director of the company HYPROP INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/005284/06) JSE share code: HYP ISIN: ZAE000190724 (Approved as a REIT by the JSE) (“Hyprop” or “the company”) DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by associates of a director of Hyprop: Name of associate: Ellerine Bros. Proprietary Limited (“Ellerine Bros.”) Name of director and relationship: Kevin Ellerine, who is a director of Ellerine Bros. and a director and shareholder of Sidney Ellerine Trust Proprietary Limited (“Sidney Ellerine TrustCo”), which is in turn a shareholder of Ellerine Bros. Transaction date: 1 February 2016 Class of securities: Ordinary shares Number of securities: 128 000 Price per security: R101.10 Total value of transaction: R12 940 800.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Name of associate: Sidney Ellerine TrustCo Name of director and relationship: Kevin Ellerine, who is a director and shareholder of Sidney Ellerine TrustCo Transaction date: 1 February 2016 Class of securities: Ordinary shares Number of securities: 128 000 Weighted average price per security: R101.10 Total value of transaction: R12 940 800.00 Nature of transaction: On-market purchase Nature and extent of director’s interest: Indirect beneficial 4 February 2016 Sponsor Java Capital Date: 04/02/2016 09:20:00 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.