Dealings in Securities by a Director Accelerate Property Fund Limited (Incorporated in the Republic of South Africa) Registration number: 2005/015057/06 Share code: APF ISIN: ZAE000185815 (“Accelerate” or “the Company”) (Approved as a REIT by the JSE) Dealings in Securities by a Director In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the JSE Limited, shareholders are hereby advised of the following dealings in securities of Accelerate: Name of director: Dimitri Kyriakides Name of company: Accelerate Nature of transaction: On-market sale of shares for personal tax matters Class of securities: Ordinary shares Extent of interest: Direct beneficial Date of transaction: 6 March 2018 Number of securities: 40 000 shares Price per security: R5.75 Total value of transaction: R230 000.00 Date of transaction: 9 March 2018 Number of securities: 227 964 Highest price per security R5.47 Lowest price per security R5.37 Weighted average price per security: R5.41 Total value of transaction: R1 234 166.58 Date of transaction: 12 March 2018 Number of securities: 213 Price per security: R5.53 Total value of transaction: R1 177.89 Date of transaction: 13 March 2018 Number of securities: 51 000 Price per security: R5.49 Total value of transaction: R279 990.00 Clearance for these transactions was obtained in terms of paragraph 3.66 of the JSE Listings Requirements. Fourways 13 March 2018 Sponsor The Standard Bank of South Africa Limited Date: 13/03/2018 05:30:00 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.