Dealing in Securities by a Director SAFARI INVESTMENTS RSA LIMITED (Incorporated in the Republic of South Africa) Registration number: 2000/015002/06 Approved as a REIT by the JSE Limited Share code: SAR ISIN number: ZAE000188280 (“Safari” or “the Company”) DEALING IN SECURITIES BY A DIRECTOR In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information is disclosed: Name of Director: WL Venter Status: Financial Director Company: Safari Investments RSA Limited Type of Securities: Ordinary Shares Date of Transaction: 30 November 2018 Price Per Share: R5.05 Number of Securities Transacted: 1 100 Total Rand Value of Securities: R5 555 Nature of Transaction: Acquisition of shares by Director (On-Market Transaction) Nature and Extent of Director's Interest in the Transaction: Direct Beneficial Confirmation that clearance has been given in terms of paragraph 3.66: Yes Name of Director: DC Engelbrecht Status: Chief Executive Officer Company: Safari Investments RSA Limited Type of Securities: Ordinary Shares Date of Transaction: 30 November 2018 Price Per Share: R5.10 Number of Securities Transacted: 2 900 Total Rand Value of Securities: R14 790 Nature of Transaction: Acquisition of shares by Director (On-Market Transaction) Nature and Extent of Director's Interest in the Transaction: Direct Beneficial Confirmation that Clearance has been given in terms of paragraph 3.66: Yes Pretoria 30 November 2018 Sponsor PSG Capital Date: 30/11/2018 03:05:00 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.