Dealing in securities by director TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE (Incorporated in the Republic of South Africa) Registration number: 2005/019302/06 JSE code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) DEALING IN SECURITIES BY DIRECTORS In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, shareholders are advised of the following transaction in the Company’s ordinary shares by its directors: Name of director: Angelique de Rauville Transaction date: 29 August 2016 Class of shares: Ordinary Number of shares: 380 396 Price per share: R7.8684 Total value of transaction: R2 993 107.89 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Handful of Keys Proprietary Limited Clearance to deal obtained: Yes Name of director: Nic Morris Transaction date: 29 August 2016 Class of shares: Ordinary Number of shares: 380 396 Price per share: R7.8684 Total value of transaction: R2 993 107.89 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Echelon Trust Clearance to deal obtained: Yes Name of director: John Legh Transaction date: 29 August 2016 Class of shares: Ordinary Number of shares: 1 369 426 Price per share: R7.8684 Total value of transaction: R10 775 191.54 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate John and Merylle Legh Trust Clearance to deal obtained: Yes Name of director: Mathys Van Heerden Transaction date: 29 August 2016 Class of shares: Ordinary Number of shares: 114 119 Price per share: R7.8684 Total value of transaction: R897 933.94 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Nooitgedacht Familie Trust No.1 Clearance to deal obtained: Yes Name of director: Angelique de Rauville Transaction date: 30 August 2016 Class of shares: Ordinary Number of shares: 119 604 Price per share: R7.85 Total value of transaction: R938 891.40 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Handful of Keys Proprietary Limited Clearance to deal obtained: Yes Name of director: Nic Morris Transaction date: 30 August 2016 Class of shares: Ordinary Number of shares: 119 604 Price per share: R7.85 Total value of transaction: R938 891.40 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Echelon Trust Clearance to deal obtained: Yes Name of director: John Legh Transaction date: 30 August 2016 Class of shares: Ordinary Number of shares: 430 574 Price per share: R7.85 Total value of transaction: R3 380 005.90 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Direct beneficial Clearance to deal obtained: Yes Name of director: Mathys Van Heerden Transaction date: 30 August 2016 Class of shares: Ordinary Number of shares: 35 881 Price per share: R7.85 Total value of transaction: R281 665.85 Nature of the transaction: On-market acquisition of shares Nature and extent of director's interest: Indirect beneficial Name of associate Nooitgedacht Familie Trust No.1 Clearance to deal obtained: Yes Hyde Park 30 August 2016 Investment Bank and Sponsor Investec Bank Limited Date: 30/08/2016 05:10:00 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.