Dealings in Securities by a Director and an Associate of a Director TEXTON PROPERTY FUND LIMITED Granted REIT status by the JSE Incorporated in the Republic of South Africa (Registration number 2005/019302/06) Share code: TEX ISIN: ZAE000190542 (“Texton” or “the Company”) DEALINGS IN SECURITIES BY A DIRECTOR AND AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 (both inclusive) of the Listings Requirements of JSE Limited, the following is disclosed: Name of director: Mr John Macey Company: Texton Property Fund Limited Class of securities: Ordinary shares Nature of the transaction: Purchase of shares on market Extent of director’s interest: Direct beneficial Clearance to deal obtained: Yes Date of transaction: 28 November 2018 Number of securities: 1 500 Price per security: R4.00 Value of transaction: R6 000.00 Name of director: Mr John Macey Company: Texton Property Fund Limited Name of associate: True North Accounting Proprietary Limited (“True North”) Relationship of director to associate: Mr Macey is a trustee and beneficiary of a trust which is an indirect shareholder of True North Class of securities: Ordinary shares Nature of the transaction: Purchase of shares on market Extent of director’s interest: Indirect beneficial Date of transaction: 14 December 2018 14 December 2018 Number of securities: 3 925 3 000 Price per security: R4.05 R4.06 Value of transaction: R15 896.25 R12 180.00 Johannesburg 2 January 2019 Sponsor Merchantec Capital Date: 02/01/2019 04:40:00 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.