Dealings in securities by an associate of directors of the company EPP N.V. (formerly Echo Polska Properties N.V.) (Incorporated in The Netherlands) (Company number 64965945) JSE share code: EPP ISIN: NL0011983374 LEI Code: 7245003P7O9N5BN8C098 ("EPP" or "the company") DEALINGS IN SECURITIES BY AN ASSOCIATE OF DIRECTORS OF THE COMPANY In compliance with paragraph 3.63 of the JSE Listings Requirements, shareholders are advised of the following information relating to dealings in securities by an associate of directors of EPP: Name of associate: The Big Five International Limited ("Big Five") of which the Boodle Trust has a 40% equity interest and the Rag Top Trust has a 19% equity interest Names of directors and relationship to Marc Wainer is a beneficiary of the Boodle Trust and Andrew Konig is a directors: beneficiary of the Rag Top Trust Transaction date: 30 January 2019 Class of securities: Ordinary shares Number of securities: 2 349 386 Price per security: R18.20 Total value of transaction: R42 758 825.20 Nature of transaction: On-market sale Nature and extent of directors' interest: Indirect beneficial Name of associate: Big Five of which the Boodle Trust has a 40% equity interest and the Rag Top Trust has a 19% equity interest Names of directors and relationship to Marc Wainer is a beneficiary of the Boodle Trust and Andrew Konig is a directors: beneficiary of the Rag Top Trust Transaction date: 1 February 2019 Class of securities: Ordinary shares Number of securities: 187 419 Price per security: R18.66 Total value of transaction: R3 497 238.54 Nature of transaction: On-market sale Nature and extent of directors' interest: Indirect beneficial The above transactions form part of the restructuring of Big Five and the indirect holding of EPP shares by the Boodle Trust and the Rag Top Trust. To complete the restructuring, the Boodle Trust and the Rag Top Trust intend acquiring a direct holding of 7 000 000 EPP ordinary shares and 3 913 027 EPP ordinary shares respectively from Big Five, whereafter Big Five would cease to hold any EPP shares and Big Five will be wound up. The acquisition of EPP shares by Redefine Properties Limited ("Redefine"), announced on SENS on 29 January 2019, related to the disposal of EPP shares by GPF EPP JV B.V. ("GPF"), announced on SENS on 18 January 2019. This acquisition by Redefine of EPP shares from GPF was effected independent of the Big Five restructuring and is not related to the disposal of EPP ordinary shares by Big Five. 4 February 2019 JSE sponsor Java Capital Luxembourg Stock Exchange Listing Agent M Partners For more information: Curwin Rittles, Investor Relations, EPP Mobile: +48 885 982 310 Curwin.rittles@epp-poland.com Java Capital, JSE Sponsor Phone: +27 11 722 3050 M Partners, Luxembourg Stock Exchange Listing Agent Phone: +352 263 868 602 Singular Systems IR Michèle Mackey / Jacques de Bie +27 (0)10 003 0700 / +27 (0)82 497 9827 michele@singular.co.za / Jdebie@singular.co.za Date: 04/02/2019 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.