Notification of Transactions of Directors/Persons Discharging Managerial Responsibility and Connected Persons INTU PROPERTIES PLC (Registration number UK3685527) ISIN Code: GB0006834344 JSE Code: ITU TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES 1. Identity of the issuer or the underlying issuer of existing shares to which voting rights INTU PROPERTIES PLC are attached: 2 Reason for the notification (please tick the appropriate box or boxes): An acquisition or disposal of voting rights X An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments An event changing the breakdown of voting rights Other (please specify): 3. Full name of person(s) subject to the PEEL HOLDINGS (IOM) LIMITED notification obligation: 4. Full name of shareholder(s) CHEMBANK NOMINEES LIMITED (if different from 3.): 5. Date of the transaction and date on which 12 October 2016 the threshold is crossed or reached: 6. Date on which issuer notified: 12 October 2016 7. Threshold(s) that is/are crossed or Holding has moved from 24% to 26%. See reached: additional information below. 8. Notified details: A: Voting rights attached to shares Class/type Situation previous of to the triggering Resulting situation after the triggering transaction shares transaction Number Number Number Number of voting % of voting rights if possible of of of shares rights using Shares Voting the ISIN Rights Direct Direct Indirect Direct Indirect CODE ORDINARY 328,824,198 328,824,198 351,082,474 26.107 SHARES B: Qualifying Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion rights that may be rights Period acquired if the instrument is exercised/ converted. C: Financial Instruments with similar economic effect to Qualifying Financial Instruments Resulting situation after the triggering transaction Type of Exercise Expiration Exercise/ Number of voting % of voting financial price date Conversion rights instrument rights instrument period refers to Nominal Delta Total (A+B+C) Number of voting rights Percentage of voting rights 351,082,474 26.107% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: PEEL HOLDINGS (IOM) LIMITED PEEL CHAPEL GROUP LIMITED PEEL CHAPEL HOLDINGS (IOM) LIMITED PEEL HOLDINGS (TTC) LIMITED PEEL HOLDINGS CHAPEL NO.1 LIMITED PEEL CHAPEL NO.1 LIMITED (99,360,825 SHARES, REPRESENTING 7.389% OF VOTING RIGHTS) PEEL HOLDINGS (IOM) LIMITED PEEL CHAPEL GROUP LIMITED PEEL CHAPEL HOLDINGS (IOM) LIMITED PEEL HOLDINGS CHAPEL NO.2 LIMITED PEEL CHAPEL NO.2 LIMITED (99,360,825 SHARES, REPRESENTING 7.389% OF VOTING RIGHTS) PEEL HOLDINGS CHAPEL NO.3 LIMITED PEEL CHAPEL NO.3 LIMITED (99,360,824 SHARES, REPRESENTING 7.389% OF VOTING RIGHTS) PEEL CHAPEL NO.4 LIMITED 53,000,000 SHARES, REPRESENTING 3.941% OF VOTING RIGHTS Proxy Voting: 10. Name of the proxy holder: 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Chris Eves 15. Contact telephone number: 01624 827 503 Susan Marsden Company Secretary 020 7887 7004 13 October 2016 Sponsor: Merrill Lynch South Africa (Pty) Limited Date: 13/10/2016 11:37:00 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.