Dealings in Securities by Directors of the Company HYPROP INVESTMENTS LIMITED (Incorporated in the Republic of South Africa) (Registration number 1987/005284/06) JSE share code: HYP ISIN: ZAE000190724 (Approved as a REIT by the JSE) (“Hyprop” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by directors of Hyprop, pursuant to the vesting of shares under the Hyprop Conditional Unit Plan (“the Plan”), the vesting of which was subject to the achievement of certain performance criteria as provided for in the Plan: Name of director: Pieter Prinsloo Transaction date: 3 April 2017 Class of securities: Ordinary shares Number of securities: 20 153 Price per security: R123.46 Total value of transaction: R2 488 089.38 Nature of transaction: Off-market vesting of shares under the Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Vesting of shares occurs automatically, following the fulfilment of performance conditions, in terms of the plan and no clearance is sought or received Name of director: Laurence Cohen Transaction date: 3 April 2017 Class of securities: Ordinary shares Number of securities: 11 105 Price per security: R123.46 Total value of transaction: R1 371 023.30 Nature of transaction: Off-market vesting of shares under the Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Vesting of shares occurs automatically, following the fulfilment of performance conditions, in terms of the plan and no clearance is sought or received 6 April 2017 Sponsor Java Capital Date: 06/04/2017 12:45:00 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.