Dealing in Securities by Associates of Directors SAFARI INVESTMENTS RSA LIMITED (Incorporated in the Republic of South Africa) Registration number: 2000/015002/06 Approved as a REIT by the JSE Limited Share code: SAR ISIN number: ZAE000188280 (“Safari” or “the Company”) DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: NAME OF DIRECTOR: FJJ MARAIS STATUS: EXECUTIVE DIRECTOR COMPANY: SAFARI INVESTMENTS RSA LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 29 SEPTEMBER 2017 PRICE PER SHARE: (1) R7.06 (2) R7.10 NUMBER OF SECURITIES TRANSACTED: (1) 138 336 (2) 61 664 TOTAL RAND VALUE OF SECURITIES: (1) R976 652.16 (2) R437 814.40 NATURE OF TRANSACTION: DISPOSAL OF SHARES BY AN ASSOCIATE OF A DIRECTOR (ON-MARKET TRANSACTION) NAME OF ASSOCIATE MDM ARCHITECTS CC RELATIONSHIP WITH THE DIRECTOR IS A DIRECTOR AND DIRECTOR: MEMBER OF THE ASSOCIATE NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES NAME OF DIRECTOR: JP SNYMAN STATUS: NON-EXECUTIVE CHAIRMAN COMPANY: SAFARI INVESTMENTS RSA LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 29 September 2017 PRICE PER SHARE: R7.10 NUMBER OF SECURITIES TRANSACTED: 48 000 TOTAL RAND VALUE OF SECURITIES: R340 800 NATURE OF TRANSACTION: DISPOSAL OF SHARES BY AN ASSOCIATE OF A DIRECTOR (ON-MARKET TRANSACTION) NAME OF ASSOCIATE: MRS J SNYMAN RELATIONSHIP WITH THE WIFE OF THE DIRECTOR DIRECTOR: NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES NAME OF DIRECTOR: K PASHIOU STATUS: EXECUTIVE DIRECTOR COMPANY: SAFARI INVESTMENTS RSA LIMITED TYPE OF SECURITIES: ORDINARY SHARES DATE OF TRANSACTION: 29 SEPTEMBER 2017 PRICE PER SHARE: (1) R7.05 (2) R7.10 NUMBER OF SECURITIES TRANSACTED: (1)104 293 (2)95 707 TOTAL RAND VALUE OF SECURITIES: (1) R735 265.65 (2) R679 519.70 NATURE OF TRANSACTION: DISPOSAL OF SHARES BY AN ASSOCIATE OF A DIRECTOR (ON-MARKET TRANSACTION) NAME OF ASSOCIATE: FEEVOS ANDREAS PASHIOU TRUST RELATIONSHIP WITH THE DIRECTOR OF THE COMPANY AND DIRECTOR: TRUSTEE OF THE TRUST NATURE AND EXTENT OF DIRECTOR'S INTEREST IN THE TRANSACTION: INDIRECT BENEFICIAL CONFIRMATION THAT CLEARANCE HAS BEEN GIVEN IN TERMS OF PARAGRAPH 3.66: YES Pretoria 2 October 2017 Sponsor PSG Capital Proprietary Limited Date: 02/10/2017 12:10:00 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.