dealings in securities by associates of directors of Indluplace INDLUPLACE PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/226082/06) JSE share code: ILU ISIN: ZAE000201125 (Approved as a REIT by the JSE) (“Indluplace”) DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF INDLUPLACE Shareholders are advised of the following information relating to dealings in securities by associates of directors of Indluplace: Name of associate: T and C KAPFAM Trust Name of director and relationship to director: Terry Kaplan, who is a trustee and beneficiary of the T and C KAPFAM Trust Transaction date: 1 December 2016 Class of securities: Ordinary shares Number of securities: 810 860 Price per security: R9.30 Total value of transaction: R7 540 998.00 Nature of transaction: Off-market acceptance of shares in terms of The Indluplace Share Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Name of associate: C&L de Wit Trust Name of director and relationship to director: Carel de Wit, who is a trustee and beneficiary of the C&L de Wit Trust Transaction date: 30 November 2016 Class of securities: Ordinary shares Number of securities: 900 000 Price per security: R9.30 Total value of transaction: R8 370 000.00 Nature of transaction: Off-market acceptance of shares in terms of The Indluplace Share Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial 1 December 2016 Sponsor Java Capital Date: 01/12/2016 04:11:00 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.