Dealings in securities by an Executive of a major Growthpoint subsidiary Growthpoint Properties Limited Approved as a REIT by the JSE Incorporated in the Republic of South Africa) Registration number 1987/004988/06 ISIN: ZAE000179420 JSE Share code: GRT ("Growthpoint”) DEALINGS IN SECURITIES BY AN EXECUTIVE OF A MAJOR GROWTHPOINT SUBSIDIARY In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Executive : Mr SA Le Roux Company : Growthpoint Properties Limited Subsidiary Company Growthpoint Management Services (Pty) Ltd Date of transaction : 24 October 2018 Nature of transaction : On-market sale of ordinary shares pursuant to the exercise on 24 October 2018 of 112,124 nil cost options awarded under the Growthpoint Staff Incentive Scheme. Number of securities : 50,456 Class of securities : Ordinary Shares Volume-weighted average selling price : R23.50 Highest trading price : R23.52 Lowest trading price : R23.48 Total value of transaction : R1,185,781.59 Nature of interest : Direct, beneficial Clearance obtained : Yes Executive : Mr SA Le Roux Company : Growthpoint Properties Limited Subsidiary Company Growthpoint Management Services (Pty) Ltd Date of transaction : 24 October 2018 Nature of transaction : Off-market acquisition of ordinary shares pursuant to the exercise on 24 October 2018 of 112,124 nil cost options awarded under the Growthpoint Staff Incentive Scheme. Number of securities : 61,668 Class of securities : Ordinary Shares Purchase price : R23.50 Total value of transaction : R1,449,198.00 Nature of interest : Direct, beneficial Clearance obtained : Yes Sandton 25 October 2018 Sponsor: Investec Bank Limited Date: 25/10/2018 03:10:00 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.