Dealings in securities by a Director of a major subsidiary and prescribed officer Growthpoint Properties Limited Approved as a REIT by the JSE Incorporated in the Republic of South Africa Registration number 1987/004988/06 ISIN: ZAE000179420 JSE Share code: GRT ("Growthpoint”) DEALINGS IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY AND PRESCRIBED OFFICER In compliance with the JSE Listings Requirements, the following information is disclosed. Director of major subsidiary : Mr E Binedell Company : Growthpoint Properties Limited Subsidiary Company Growthpoint Management Services (Pty) Ltd Date of transaction : 28 October 2019 Nature of transaction : On-market sale of ordinary shares pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Scheme Number of securities : 39 885 Class of securities : Ordinary Shares Volume-weighted average price : 22.23 Highest trading price : 22.25 Lowest trading price : 22.23 Total value of transaction : R886 643.55 Nature of interest : Direct, beneficial Clearance obtained : Yes Director of major subsidiary : Mr E Binedell Company Growthpoint Prpoperties Limited Subsidiary Company : Growthpoint Management Services (Pty) Ltd Date of transaction : 28 October 2019 Nature of transaction : Off-market acquisition of ordinary shares pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Scheme. Number of securities : 48 748 Class of securities : Ordinary Shares Volume-weighted average price : 22.24 Highest trading price : 22.24 Lowest trading price : 22.24 Total value of transaction : R1 084 155.52 Nature of interest : Direct, beneficial Clearance obtained : Yes Prescribed Officer : Mr P Kollenberg Company : Growthpoint Properties Limited Subsidiary Company : Growthpoint Management Services (Pty) Ltd Date of transaction : 28 October 2019 Nature of transaction : On-market sale of ordinary shares pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Scheme Number of securities : 17 719 Class of securities : Ordinary Shares Volume-weighted average price : 22.25 Highest trading price : 22.26 Lowest trading price : 22.25 Total value of transaction : R394 247.75 Nature of interest : Direct, beneficial Clearance obtained : Yes Prescribed Officer : Mr P Kollenberg Company : Growthpoint Properties Limited Subsidiary Company : Growthpoint Management Services (Pty) Ltd Date of transaction : 28 October 2019 Nature of transaction : Off-market acquisition of ordinary shares pursuant to the exercise of nil cost options awarded under the Growthpoint Staff Incentive Scheme. Number of securities : 21 658 Class of securities : Ordinary Shares Volume-weighted average price : 22.26 Highest trading price : 22.26 Lowest trading price : 22.26 Total value of transaction : R482 107 08 Nature of interest : Direct, beneficial Clearance obtained : Yes Sandton 29 October 2019 Sponsor: Investec Bank Limited Date: 29/10/2019 05:19:00 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.