Dealings in securities by associates of a director of the company Atlantic Leaf Properties Limited Incorporated in Jersey Registration number: 128426 SEM share code: "ALPL.N0000" JSE share code: "ALP" ISIN: "MU0422N00009" www.atlanticleaf.mu ("Atlantic Leaf" or "the Company") DEALINGS IN SECURITIES BY ASSOCIATES OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by associates of a director of Atlantic Leaf: Name of associate: LCIP Proprietary Limited ("LCIP") Name of director and relationship to director: Paul Leaf-Wright, who holds a 35% interest in LCIP Transaction date: 16 October 2019 Class of securities: Ordinary shares Number of securities: 600 000 Price per security: R15.50 Total value: R9 300 000 Nature of transaction: Off-market purchase Nature and extent of director’s interest: Indirect beneficial Name of associate: Leaf Capital Investments Proprietary Limited ("LCI") Name of director and relationship to director: Paul Leaf-Wright, who holds a 70% interest in LCI Transaction date: 16 October 2019 Class of securities: Ordinary shares Number of securities: 120 000 Price per security: R15.50 Total value: R1 860 000 Nature of transaction: Off-market sale Nature and extent of director's interest: Indirect beneficial By order of the Board For further information please contact: JSE sponsor Java Capital +27 11 722 3050 SEM authorised representative and sponsor Perigeum Capital Ltd +230 402 0890 Company secretary Ocorian Secretaries (Jersey) Limited +44 1534 507 000 22 October 2019 This notice is issued pursuant to the JSE Listings Requirements, SEM Listing Rule 15.24 and Rule 5(1) of the Securities (Disclosure Obligations of Reporting Issuers) Rules 2007. The Board of Atlantic Leaf accepts full responsibility for the accuracy of the information contained in this announcement. Date: 22/10/2019 10:00:00 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.