Dealing in securities by directors SA Corporate Real Estate Limited (Incorporated in the Republic of South Africa) Share Code: SAC ISIN Code: ZAE000203238 (Registration number 2015/015578/06) ("SA Corporate") REIT status approved DEALING IN SECURITIES BY DIRECTORS In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed: Name: Mr TR Mackey Office held: Chief Executive Officer Date of transaction: 18 March 2020 Class of shares: Ordinary shares Number of shares: 429 170 Average price per share: R1.5439 Highest price per share: R1.58 Lowest price per share: R1.53 Value of transaction: R662 595.56 Nature of transaction: Purchase on the open market Nature of interest: Indirect beneficial, via Xyletate (Pty) Ltd of which Mr TR Mackey is the sole director Written clearance to deal received: Yes Name: A Basson Office held: Chief Financial Officer Date of transaction: 19 March 2020 Class of shares: Ordinary shares Number of shares: 14 500 Price per share: R1.38 Value of transaction: R20 010.00 Nature of transaction: Purchase on the open market Nature of interest: Direct beneficial Written clearance to deal received: Yes Cape Town 20 March 2020 Sponsor Nedbank Corporate and Investment Banking Date: 20-03-2020 11:45:00 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.