Results of annual general meeting Delta Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2002/005129/06) Share code: DLT ISIN: ZAE000194049 ("Delta" or “the Company”) REIT status approved RESULTS OF ANNUAL GENERAL MEETING Delta shareholders are advised that the voting results for the annual general meeting of Delta (“AGM”) held at the registered offices of the Company on 21 September 2017 were as follows: Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in % % % at the AGM issue* % Ordinary resolution number 1 623 858 308 87.7892 100.0000 0.0000 0.0986 To receive the annual financial statements of the Company and the Group for the year ended 28 February 2017 and the SETCOM report Ordinary resolution number 2 623 858 308 87.7892 99.9994 0.0006 0.0982 To confirm resignation of Marelise de Lange as an independent non-executive director Ordinary resolution number 3 623 858 308 87.7892 99.9994 0.0006 0.0982 To confirm resignation of Andrew König as a non- executive director Ordinary resolution number 4 623 858 308 87.7892 94.4345 5.5655 0.1212 To re-elect JB Magwaza as an independent non-executive director Ordinary resolution number 5 623 858 308 87.7892 94.3845 5.6155 0.1212 To re-elect Nooraya Khan as a non-executive director Ordinary resolution number 6 623 858 308 87.7892 97.9823 2.0177 0.1212 To ratify the appointment of Otis Tshabalala as an executive director Ordinary resolution number 7 623 858 308 87.7892 97.9509 2.0491 0.1212 To ratify the appointment of Shaneel Maharaj as an executive director Ordinary resolution number 8 623 858 308 87.7892 99.6692 0.3308 0.982 To ratify the appointment of JJ Njeke as an independent non- executive director Ordinary resolution number 9 623 858 308 87.7892 99.9996 0.0004 0.0982 To ratify the appointment of Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in % % % at the AGM issue* % Caswell Rampheri as an independent non-executive director Ordinary resolution number 10 623 858 308 87.7892 99.9996 0.0004 0.0982 To reappoint BDO South Africa Inc. as independent auditors to the Company Ordinary resolution number 11 623 858 308 87.7892 100.0000 0.0000 0.0982 To ratify the resignation of Marelise de Lange as a member of the Company’s Audit, Risk and Compliance Committee Ordinary resolution number 12 623 858 308 87.7892 100.0000 0.0000 0.0982 To ratify the resignation of Nooraya Khan as Chairman and a member of the Company’s Audit, Risk and Compliance Committee Ordinary resolution number 13 623 858 308 87.7892 100.0000 0.0000 0.0982 To re-elect JJ Njeke as a member and Chairman of the Company’s Audit, Risk and Compliance Committee for the year ended 28 February 2018 Ordinary resolution number 14 623 858 308 87.7892 100.0000 0.0000 0.0982 To re-elect Ian Macleod as a member of the Company’s Audit, Risk and Compliance Committee for the year ended 28 February 2018 Ordinary resolution number 15 623 858 308 87.7892 100.0000 0.0000 0.0982 To re-elect Nombuso Afolayan as a member of the Company’s Audit, Risk and Compliance Committee for the year ended 28 February 2018 Non-binding advisory resolution 623 858 308 87.7892 83.2773 16.7227 0.0982 number 16 Non-binding advisory vote to approve the remuneration policy Ordinary resolution number 17 623 858 308 87.7892 87.9065 12.0935 0.1456 To authorise the directors of the Company to issue shares for cash, as and when they in their discretion deem fit Ordinary resolution number 18 623 858 308 87.7892 99.9932 0.0068 0.0982 To authorise the issue of shares Resolution Number of Percentage of For** Against** Abstained*** shares voted shares in % % % at the AGM issue* % to shareholders who wish to reinvest their cash distributions Ordinary resolution number 19 623 858 308 87.7892 83.2628 16.7372 0.17394 Approval of the Delta Property Fund Long-Term Incentive Plan Ordinary resolution number 20 623 858 308 87.7892 99.9990 0.0010 0.0982 To authorise any one director or the Company Secretary to action all ordinary and special resolutions Special resolution number 1 623 858 308 87.7892 96.5142 3.4858 0.1212 To approve the non-executive directors’ remuneration for their services as directors Special resolution number 2 623 858 308 87.7892 98.5373 1.4627 0.1677 To grant a general authority to repurchase issued shares Special resolution number 3 623 858 308 87.7892 96.5112 3.4888 0.1212 To approve the granting of financial assistance in terms of section 44 of the Companies Act Special resolution number 4 623 858 308 87.7892 99.9902 0.0098 0.0982 To approve the granting of financial assistance in terms of section 45 of the Companies Act Special resolution number 5 623 858 308 87.7892 99.9932 0.0068 0.0982 To grant the authority to issue shares to directors who elect to reinvest their distributions under the Reinvestment Option * Based on 710 632 182 shares in issue at the date of the AGM. ** In relation to the total number of shares voted at the AGM (which excludes abstentions). *** In relation to the total number of shares in issue at the date of the AGM. Johannesburg 22 September 2017 Sponsor Nedbank Corporate and Investment Banking Date: 22/09/2017 09:38:00 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.