Dealings in securities by directors and associates of directors of Greenbay GREENBAY PROPERTIES LTD (Incorporated in the Republic of Mauritius on 14 August 2014) (Registration number C124756 C1/GBL) SEM share code: GFP.N0000 JSE share code: GRP ISIN: MU0461N00007 (“Greenbay” or “the company”) DEALINGS IN SECURITIES BY DIRECTORS AND ASSOCIATES OF DIRECTORS OF GREENBAY Shareholders are advised of the following information relating to dealings in securities by directors and associates of directors of Greenbay pursuant to the election to receive a scrip dividend in accordance with the circular issued to shareholders on 22 May 2017: Name of associate: Boabab Consulting CC Name of director and relationship to director: Stephen Delport, who is the sole member of Boabab Consulting CC Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 707 275 Price per security: ZAR1.787 Total value: ZAR1 263 900.43 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Ulrich Delport Name of director Stephen Delport Relationship to director: Son Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 191 Price per security: ZAR1.787 Total value: ZAR341.32 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Not applicable Clearance to deal received: Yes Name of associate: Stefani Delport Name of director: Stephen Delport Relationship to director: Daughter Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 191 Price per security: ZAR1.787 Total value: ZAR341.32 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Not applicable Clearance to deal received: Yes Name of director: Paul May Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 53 862 Price per security: GBP0.1060 Total value: GBP5 709.37 Nature of transaction: Receipt of shares on the company’s Mauritian register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Paul May Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 1 917 Price per security: ZAR1.787 Total value: ZAR3 425.68 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Terry Warren Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 19 893 Price per security: ZAR1.787 Total value: ZAR35 548.79 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of associate: The Thistle Trust Name of director and relationship to director: Mark Olivier, who is a beneficiary of The Thistle Trust Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 55 246 Price per security: ZAR1.787 Total value: ZAR98 724.60 Nature of transaction: Receipt of shares on the company’s South African register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: The Thistle Trust Name of director and relationship to director: Mark Olivier, who is a beneficiary of The Thistle Trust Transaction date: 9 June 2017 Class of securities: Ordinary shares Number of securities: 22 678 Price per security: GBP0.1060 Total value: GBP2 403.87 Nature of transaction: Receipt of shares on the company’s Mauritian register pursuant to an election to receive a scrip dividend Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes *based on the exchange rate of GBP1.00:ZAR16.8586 as set out in the announcement released on SENS and on the website of the Stock Exchange of Mauritius Ltd (“SEM”) on 29 May 2017. The company has primary listings on both the Official Market of the SEM and the Main Board of the JSE. By order of the Board 14 June 2017 For further information please contact: JSE sponsor Java Capital Tel: +27 11 722 3050 SEM authorised representative and sponsor Perigeum Capital Tel: +230 402 0890 Company Secretary Intercontinental Trust Ltd Tel: +230 403 0800 This notice is issued pursuant to SEM Listing Rule 11.3 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Greenbay accepts full responsibility for the accuracy of the information in this announcement. Date: 14/06/2017 01:39:00 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. 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