Dealings in securities by directors of EPP ECHO POLSKA PROPERTIES N.V. (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP ISIN: NL0011983374 LEI Code: 7245003P7O9N5BN8C098 (“EPP”) DEALINGS IN SECURITIES BY DIRECTORS OF EPP Shareholders are referred to the circular issued on 10 November 2017 in respect of the adoption of the EPP Long-term Incentive Plan (“the LTI Plan”) which was approved at the extraordinary general meeting held on 8 December 2017 and are advised of the following information relating to the vesting of the first tranche of shares granted pursuant to the terms of the LTI Plan for which the lock-up period ends on the first business day of July 2019. EPP purchased 1 850 000 shares on-market at a volume weighted average price of R15.3692 per share in order to settle the first tranche. Name of director: Hadley Dean Transaction date: 22 December 2017 Class of securities: Ordinary shares Number of securities: 800 000 Price per security: Rnil Total value of the transaction: R12 295 360.00, being the total deemed value calculated using the volume weighted average price of R15.3692 per share Nature of transaction: Off-market grant, vesting and acceptance of shares under the LTI Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Jacek Baginski Transaction date: 22 December 2017 Class of securities: Ordinary shares Number of securities: 450 000 Price per security: Rnil Total value of the transaction: R6 916 140.00, being the total deemed value calculated using the volume weighted average price of R15.3692 per share Nature of transaction: Off-market grant, vesting and acceptance of shares under the LTI Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Rafal Kwiatkowski Transaction date 22 December 2017 Class of securities: Ordinary shares Number of securities: 200 000 Price per security: Rnil Total value of the transaction: R3 073 840.00, being the total deemed value calculated using the volume weighted average price of R15.3692 per share Nature of transaction: Off-market grant, vesting and acceptance of shares under the LTI Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Michal Swierczynski Transaction date: 22 December 2017 Class of securities: Ordinary shares Number of securities: 200 000 Price per security: Rnil Total value of the transaction: R3 073 840.00, being the total deemed value calculated using the volume weighted average price of R15.3692 per share Nature of transaction: Off-market grant, vesting and acceptance of shares under the LTI Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes Name of director: Wojciech Knawa Transaction date: 22 December 2017 Class of securities: Ordinary shares Number of securities: 200 000 Price per security: Rnil Total value of the transaction: R3 073 840.00, being the total deemed value calculated using the volume weighted average price of R15.3692 per share Nature of transaction: Off-market grant, vesting and acceptance of shares under the LTI Plan Nature and extent of director’s interest: Direct beneficial Clearance to deal received: Yes 29 December 2017 JSE Sponsor Java Capital LuxSE Listing Agent M Partners For more information: Magda Cieliczko, Marketing & Communications Director EPP Mobile: +48 603 203 619 magda.cieliczko@echo-pp.com Java Capital, JSE Sponsor Phone: +27 11 722 3050 M Partners, LuxSE Listing Agent Phone: +352 263 868 602 Singular System IR Michèle Mackey / Jacques de Bie +27 (0)10 003 0700/+27 (0)82 497 9827 michele@singular.co.za; Jdebie@singular.co.za Date: 29/12/2017 12:30:00 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.