No change statement and notice of annual general meeting DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIA ISIN: ZAE000203378 JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) (“Dipula” or “the company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that Dipula’s integrated annual report, incorporating the audited annual financial statements for the year ended 31 August 2016, was dispatched to shareholders today, 23 December 2016 and contains no changes from the reviewed provisional condensed consolidated financial results for the year ended 31 August 2016 which were released on SENS on 9 November 2016. The integrated annual report contains a notice of annual general meeting which will be held at Dipula’s offices at Block B Dunkeld Park, 6 North Road, Dunkeld West on Thursday, 16 February 2017 at 12:00. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 7 February 2017 and the record date for voting purposes is Friday, 10 February 2017. The integrated annual report is also available on the Company’s website – www.dipula.co.za. 23 December 2016 Sponsor Java Capital Date: 23/12/2016 12:50:00 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.