Dealings in securities by directors, associates of directors and an associate of a director of a major subsidiary OCTODEC INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1956/002868/06) JSE share code: OCT ISIN: ZAE000192258 (Approved as a REIT by the JSE) (“Octodec” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS OF THE COMPANY AND AN ASSOCIATE OF A DIRECTOR OF A MAJOR SUBSIDIARY Shareholders are advised that pursuant to the declaration of a cash dividend for the year ended 31 August 2016 with an election to reinvest the cash dividend in return for shares, the results of which were announced on SENS on Monday, 28 November 2016 (the “share reinvestment alternative”), directors and associates of directors of the company and an associate of a director of a major subsidiary of the company elected the share reinvestment alternative and received shares as set out below. Transaction date: 25 November 2016 Class of securities: Ordinary shares Price per security: R20.50 Nature of transaction: Off-market reinvestment in terms of share reinvestment alternative Name of associate: Aksin Investments Proprietary Limited Name of director and relationship of Anthony Stein who is the sole shareholder of Aksin Investments associate to director: Proprietary Limited Number of securities: 15 353 Total value of transaction: R314 736.50 Nature and extent of director’s interest Indirect beneficial Name of director: Anthony Stein Number of securities: 8 664 Total value of transaction: R177 612.00 Nature and extent of director’s interest Direct beneficial Clearance to deal received: Yes Name of associate: Marcelle Stein Name of director and relationship of Marcelle Stein who is the wife of Anthony Stein associate to director: Number of securities: 7 152 Total value of transaction: R146 616.00 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Adam Stein Name of director and relationship of Adam Stein who is the son of Anthony Stein associate to director: Number of securities: 142 Total value of transaction: R2 911.00 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Joseph Pollack Investments CC Name of director and relationship of Myron Pollack who is a 10.24% member of Joseph Pollack associate to director: Investments CC and the remainder of the members of Joseph Pollack Investments CC are family members of Myron Pollack Number of securities: 36 611 Total value of transaction: R750 525.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Newinvest 234 Proprietary Limited Name of director and relationship of Myron Pollack who owns 100% of Newinvest 234 Proprietary associate to director: Limited Number of securities: 2 672 Total value of transaction: R54 776.00 Nature and extent of director’s interest Indirect beneficial Name of associate: Amanda Pollack Trust Name of director and relationship of Myron Pollack who is a trustee and beneficiary of Amanda Pollack associate to director: Trust Number of securities: 2 652 Total value of transaction: R54 366.00 Nature and extent of director’s interest Indirect beneficial Name of associate: The Brett Pollack Trust Name of director and relationship of Myron Pollack who is a trustee and beneficiary of The Brett Pollack associate to director: Trust Number of securities: 2 652 Total value of transaction: R54 366 Nature and extent of director’s interest Indirect beneficial Name of associate: Emmzee Investments CC Name of director and relationship of Janet Pollack who is the sole member of Emmzee Investments CC associate to director: and is the wife of Myron Pollack Number of securities: 1 117 Total value of transaction: R22 898-50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Alpiet Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Alpiet Investments Proprietary Limited Number of securities: 94 005 Total value of transaction: R1 927 102.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Lefkopaul CC Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who each hold a 33.33% associate to director: member’s interest in Lefkopaul CC Number of securities: 933 103 Total value of transaction: R19 128 611.50 Nature and extent of director’s interest Indirect beneficial Name of associate: The Jeffrey Wapnick Family Trust Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are trustees of The associate to director: Jeffrey Wapnick Family Trust and Jeffrey Wapnick who is a beneficiary of The Jeffrey Wapnick Family Trust Number of securities: 239 581 Total value of transaction: R4 911 410.50 Nature and extent of director’s interest Indirect beneficial Name of associate: The Lisa Wapnick Family Trust Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are trustees of The Lisa associate to director: Wapnick Family Trust Number of securities: 228 975 Total value of transaction: R4 693 987.50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: The Sharon Kramer Family Trust Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are trustees of the associate to director: Sharon Wapnick Family Trust and Sharon Wapnick who is a beneficiary of The Sharon Kramer Family Trust Number of securities: 238 855 Total value of transaction: R4 896 527.50 Nature and extent of director’s interest Indirect beneficial Name of associate: City Property Administration Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of City Property Administration Proprietary Limited Number of securities: 580 285 Total value of transaction: R11 895 842.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Herbmann Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of associate to director: Herbmann Investments Proprietary Limited Number of securities: 1 112 Total value of transaction: R22 796 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Rondomann Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of associate to director: Rondomann Investments Proprietary Limited Number of securities: 15 489 Total value of transaction: R317 524.50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Tomnef Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Tomnef associate to director: Investments Proprietary Limited Number of securities: 838 888 Total value of transaction: R17 197 204 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Alecsim Holdings Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Alecsim Holdings Proprietary Limited Number of securities: 84 983 Total value of transaction: R1 742 151.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Alwap Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Alwap associate to director: Investments Proprietary Limited Number of securities: 49 519 Total value of transaction: R1 015 139.50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Bosjacob Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Bosjacob Proprietary Limited Number of securities: 402 031 Total value of transaction: R8 241 635.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Burcade Properties Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Burcade Properties Proprietary Limited Number of securities: 202 513 Total value of transaction: R4 151 516.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Centuria 354 Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Centuria 354 Proprietary Limited Number of securities: 38 377 Total value of transaction: R786 728.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Chainprops 26 Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Chainprops 26 Proprietary Limited Number of securities: 141 333 Total value of transaction: R2 897 326.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Clorpique 0006 Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Clorpique 0006 Proprietary Limited Number of securities: 27 178 Total value of transaction: R557 149 Nature and extent of director’s interest Indirect beneficial Name of associate: Pavburg Properties Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Pavburg Properties Proprietary Limited Number of securities: 34 628 Total value of transaction: R709 874 Nature and extent of director’s interest Indirect beneficial Name of associate: Sharick Holdings Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Sharick associate to director: Holdings Proprietary Limited Number of securities: 100 801 Total value of transaction: R2 066 420.50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Voormax Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Voormax associate to director: Proprietary Limited Number of securities: 201 140 Total value of transaction: 4 123 370 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Wapnick Investments Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Wapnick Investments Proprietary Limited Number of securities: 9 591 Total value of transaction: R196 615.50 Nature and extent of director’s interest Indirect beneficial Name of associate: Liwesa Holdings Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Liwesa associate to director: Holdings Proprietary Limited Number of securities: 7 969 Total value of transaction: R163 364.50 Nature and extent of director’s interest Indirect non-beneficial Name of associate: Wapvest Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors and associate to director: shareholders of Wapvest Proprietary Limited Number of securities: 1 112 Total value of transaction: R22 796 Nature and extent of director’s interest Indirect beneficial Name of associate: Jepnick Holdings Proprietary Limited Name of director and relationship of Sharon Wapnick and Jeffrey Wapnick who are directors of Jepnick associate to director: Holdings Proprietary Limited Number of securities: 99 088 Total value of transaction: R2 031 304 Nature and extent of director’s interest Indirect non-beneficial Name of director: Sharon Wapnick Number of securities: 1 859 Total value of transaction: R38 109.50 Nature and extent of director’s interest Direct beneficial Clearance to deal received: Yes Name of director: Jeffrey Wapnick Number of securities: 1 885 Total value of transaction: R38 642.50 Nature and extent of director’s interest Direct beneficial Clearance to deal received: Yes Name of associate WEPS Investments Proprietary Limited Name of subsidiary company: Premium Properties Limited Name of director and relationship of Peter Kruger is the sole shareholder of WEPS Investments associate to director: Proprietary Limited Number of securities: 2 859 Total value of transaction: R58 609.50 Nature and extent of director’s interest Indirect beneficial 1 December 2016 Corporate advisor and sponsor Java Capital Date: 01/12/2016 02:08:00 Produced by the JSE SENS Department. 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