Dealings in securities by associates of directors of the company ARROWHEAD PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 2011/000308/06) JSE share code: AWA ISIN: ZAE000203105 (Approved as a REIT by the JSE) (“Arrowhead” or “the company”) DEALINGS IN SECURITIES BY ASSOCIATES OF DIRECTORS OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by associates of directors of Arrowhead: Name of associate: Suleman Family Trust Name of director and relationship to director: Imraan Suleman, who is a trustee and beneficiary of the Suleman Family Trust Transaction date: 4 December 2017 Class of securities: Ordinary shares Number of securities: 4 864 453 Price per security: R6.25 Total value of transaction: R30 402 831.25 Nature of transaction: Off-market acceptance of ordinary shares in terms of The Arrowhead Properties Limited Share Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Arrowplay Trust Name of director and relationship to director: Mark Kaplan, who is a trustee and beneficiary of the Arrowplay Trust Transaction date: 4 December 2017 Class of securities: Ordinary shares Number of securities: 4 864 453 Price per security: R6.25 Total value of transaction: R30 402 831.25 Nature of transaction: Off-market acceptance of ordinary shares in terms of The Arrowhead Properties Limited Share Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Kader Family Trust Name of director and relationship to director: Riaz Kader, who is a trustee and beneficiary of the Kader Family Trust Transaction date: 4 December 2017 Class of securities: Ordinary shares Number of securities: 1 617 701 Price per security: R6.25 Total value of transaction: R10 110 631.25 Nature of transaction: Off-market acceptance of ordinary shares in terms of The Arrowhead Properties Limited Share Purchase and Option Scheme Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 6 December 2017 Sponsor Java Capital Date: 06/12/2017 05:47:00 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.