Dealing in securities by directors and the company secretary SA Corporate Real Estate Limited (Incorporated in the Republic of South Africa) Share Code: SAC ISIN Code: ZAE000203238 (Registration number 2015/015578/06) ("SA Corporate") REIT status approved DEALING IN SECURITIES BY DIRECTORS AND THE COMPANY SECRETARY In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed: Name: T R Mackey Office held: Managing Director Date transaction effected: 17 June 2016 Number of forfeitable performance share awards: 759 480 Price per forfeitable share: R5.00 Value of transaction: R3 797 400.00 Nature of transaction: Grant and acceptance of forfeitable performance share awards in terms of the SA Corporate’s Forfeitable Share Plan (off market) Vesting period: 100% by 16 June 2019 (3 years) subject to performance conditions Nature of interest: Direct beneficial Written clearance to deal received: Yes Name: A M Basson Office held: Financial Director Date transaction effected: 17 June 2016 Number of forfeitable performance share awards: 436 065 Price per forfeitable share: R5.00 Value of the transaction: R2 180 325.00 Nature of transaction: Grant and acceptance of forfeitable performance share awards in terms of the SA Corporate’s Forfeitable Share Plan (off market) Vesting period: 100% by 16 June 2019 (3 years) subject to performance conditions Nature of interest: Direct beneficial Written clearance to deal received: Yes Name: B Swanepoel Office held: Company Secretary Date transaction effected: 17 June 2016 Number of forfeitable performance share awards: 105 126 Price per forfeitable share: R5.00 Value of the transaction: R525 630.00 Nature of transaction: Grant and acceptance of forfeitable performance share awards in terms of the SA Corporate’s Forfeitable Share Plan (off market) Vesting period: 100% by 16 June 2019 (3 years) subject to performance conditions Nature of interest: Direct beneficial Written clearance to deal received: Yes Cape Town 22 June 2016 Sponsor Nedbank Corporate and Investment Banking Date: 22/06/2016 01:33:00 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.