Dealings in securities by a director and by an associate of a director of Equites EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) JSE share code: EQU ISIN: ZAE000188843 (Approved as a REIT by the JSE) (“Equites”) DEALINGS IN SECURITIES BY A DIRECTOR AND BY AN ASSOCIATE OF A DIRECTOR OF EQUITES Shareholders are advised of the following information relating to dealings in securities by a director and by an associate of a director of Equites: Name of director: Nomagugu Mtetwa Transaction date: 24 August 2017 Class of securities: Ordinary shares Number of securities: 5 311 Price per security: R18.64 Total value: R98 997.04 Nature of transaction: On-market purchase Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of associate: La Famiglia Trust Name of director and relationship to director: Giancarlo Lanfranchi, who is a trustee and a beneficiary of La Famiglia Trust Transaction date: 21 August 2017 Class of securities: Ordinary shares Number of securities: 280 000 Highest traded price per security:* R18.50 Weighted average price per security: R18.45010 Lowest traded price per security:* R18.25 Total value: R5 166 028.00 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes *Highest and lowest traded prices per security on the market on the day. 25 August 2017 Sponsor Java Capital Date: 25/08/2017 01:19:00 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.