Dealings in securities by a director and by associates of directors of Greenbay GREENBAY PROPERTIES LTD (Formerly known as Green Flash Properties Ltd) (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Greenbay” or the “company”) DEALINGS IN SECURITIES BY A DIRECTOR AND ASSOCIATES OF DIRECTORS OF GREENBAY Shareholders are advised of the following information relating to dealings in securities by a director and by associates of directors of Greenbay: Name of associate: Boabab Consulting CC Name of director and relationship to director: Stephen Delport, who is the sole member of Boabab Consulting CC Transaction date: 21 September 2016 Class of securities: Ordinary shares Number of securities: 1 180 000 Highest traded price per security:* R1.49 Weighted average price per security: R1.43920 Lowest traded price per security:* R1.43 Total value: R1 698 256.00 Nature of transaction: On-market purchase through the JSE Nature and extent of directors’ interest: Indirect beneficial Name of associate: Ulrich Delport Name of director: Stephen Delport Relationship to director: Son Transaction date: 21 September 2016 Class of securities: Ordinary shares Number of securities: 10 000 Highest traded price per security:* R1.49 Weighted average price per security: R1.43920 Lowest traded price per security:* R1.43 Total value: R14 392.00 Nature of transaction: On-market purchase through the JSE Nature and extent of directors’ interest: Not applicable Name of associate: Stefani Delport Name of director: Stephen Delport Relationship to director: Daughter Transaction date: 21 September 2016 Class of securities: Ordinary shares Number of securities: 10 000 Highest traded price per security:* R1.49 Weighted average price per security: R1.43920 Lowest traded price per security:* R1.43 Total value: R14 392.00 Nature of transaction: On-market purchase through the JSE Nature and extent of directors’ interest: Not applicable Name of associate: Tuscan Mood 240 (Pty) Ltd Name of director and relationship to director: Jose Jorge Goncalves da Costa, who is a trustee and beneficiary of Claudia Trust, which owns 100% of Tuscan Mood 240 (Pty) Ltd Transaction date: 22 September 2016 Class of securities: Ordinary shares Number of securities: 159 967 Price per security: R1.48 Total value: R236 751.16 Nature of transaction: On-market purchase through the JSE Nature and extent of directors’ interest: Indirect beneficial Name of associate: Tuscan Mood 240 (Pty) Ltd Name of director and relationship to director: Jose Jorge Goncalves da Costa, who is a trustee and beneficiary of Claudia Trust, which owns 100% of Tuscan Mood 240 (Pty) Ltd Transaction date: 23 September 2016 Class of securities: Ordinary shares Number of securities: 50 000 Price per security: R1.48 Total value: R74 000.00 Nature of transaction: On-market purchase through the JSE Nature and extent of directors’ interest: Indirect beneficial Shareholders are further advised of the following information relating to the dealing in securities by a director of Greenbay by way of a subscription for shares in terms of the placement undertaken by the company on 21 September 2016 (“the placement”): Name of director: Terry Warren Transaction date: 21 September 2016 Class of securities: Ordinary shares Number of securities: 1 041 666 Price per security: R1.44 Total value: R1 499 999.04 Nature of transaction: Off-market subscription for shares pursuant to the placement through the JSE Nature and extent of directors’ interest: Direct beneficial Clearance to deal received: Yes Greenbay has its primary listing on the Stock Exchange of Mauritius Ltd and a secondary listing on the Alternative Exchange of the Johannesburg Stock Exchange. By order of the Board 26 September 2016 This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board accepts full responsibility for the accuracy of the information in this announcement. For further information please contact: JSE sponsor Java Capital +27 11 722 3050 SEM Authorised representative and sponsor Perigeum Capital +230 402 0890 Company Secretary Intercontinental Trust Ltd +230 403 0800 Date: 26/09/2016 02:00:00 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.