Appointments to the Board of Directors SAFARI INVESTMENTS (RSA) LIMITED Approved as a REIT by the JSE Limited Incorporated in the Republic of South Africa (Registration number: 2000/015002/06) Share code: SAR ISIN Code: ZAE000188280 (“Safari” or “the Company”) APPOINTMENTS TO THE BOARD OF DIRECTORS In compliance with rules 3.59(a) and (b) of the Listings Requirements of the JSE Limited, shareholders of the Company are hereby advised of the following appointments to the board, all of which are effective with immediate effect. Ms. Lulu Letlape as independent non-executive director. Ms Letlape obtained her masters degree from Johannesburg University in Public and Development Management. She has extensive experience in corporate communication, community development and stakeholder management in both the parastatal and private sector sphere and worked at senior levels of management for companies such as Telkom, Mercedes Benz, Sanlam and BHP Billiton. Mr. Chris Roberts as independent non-executive director. Mr Roberts is a commercial property developer who has been involved in shopping centre, office and residential developments for the past 30 years and has extensive experience in identifying development opportunities, property finance, leasing and general property management. Mr Dirk Engelbrecht as executive director. Mr Engelbrecht has obtained his BCom LLB from the University of Pretoria and after completing his articles at Weavind & Weavind remained there as professional assistant until 2011 when he joined G4S Secure Solutions as National Legal Manager. Dirk joined Safari in 2014 as Group Company Secretary and legal advisor. Dirk was appointed as Executive Director: Legal Services. 1 March 2018 Pretoria Sponsor PSG Capital (Pty) Limited Date: 01/03/2018 04:58:00 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.