Dealings in securities by an associate of a director of Equites EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) Share code: EQU ISIN: ZAE000188843 (Approved as a REIT by the JSE) (“Equites” or “the Company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF EQUITES Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Equites: Name of associate: Goossens Investments Holdings Proprietary Limited (“Goossens Investments”) Name of director and relationship to director: Bram Goossens, who is a director and sole shareholder of Goossens Investments Transaction date: 30 October 2019 Class of securities: Ordinary shares Number of securities: 235 000 Highest trading price for the day: R21.95 Weighted average price per security: R21.07583 Lowest trading price for the day: R20.71 Total value: R4 952 819.76 Nature of transaction: On-market sale Clearance to deal received: Yes Name of associate: Goossens Investments Name of director and relationship to director: Bram Goossens, who is a director and sole shareholder of Goossens Investments Transaction date: 31 October 2019 Class of securities: Ordinary shares Number of securities: 565 000 Highest trading price for the day: R21.21 Weighted average price per security: R21.06063 Lowest trading price for the day: R20.83 Total value: R11 899 255.13 Nature of transaction: On-market sale Clearance to deal received: Yes Name of associate: Goossens Investments Name of director and relationship to director: Bram Goossens, who is a director and sole shareholder of Goossens Investments Transaction date: 1 November 2019 Class of securities: Ordinary shares Number of securities: 100 000 Highest trading price for the day: R21.25 Weighted average price per security: R21.00 Lowest trading price for the day: R20.66 Total value: R2 100 000.00 Nature of transaction: On-market sale Clearance to deal received: Yes 4 November 2019 Sponsor Java Capital Date: 04/11/2019 05:25:00 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.