Dealings in Shares by an Associate of a Director SAFARI INVESTMENTS RSA LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2000/015002/06 Share code: SAR ISIN: ZAE000188280 (Approved as a REIT by the JSE) (“Safari” or “the Company”) DEALINGS IN SHARES BY AN ASSOCIATE OF A DIRECTOR In compliance with paragraphs 3.63 to 3.74 of the JSE Limited Listings Requirements, the following information regarding the dealing in securities is disclosed: NAME OF DIRECTOR K Pashiou COMPANY OF WHICH A DIRECTOR Safari Investments RSA Limited STATUS: EXECUTIVE/NON-EXECUTIVE Executive TYPE AND CLASS OF SECURITIES Ordinary shares NATURE OF TRANSACTION Purchase of shares by an associate of a director (on-market transaction) DATE OF TRANSACTION 6 December 2019 PRICE PER SECURITY (1) R4.00 (2) R4.01 (3) R4.04 NUMBER OF SECURITIES TRANSACTED (1) 35 464 (2) 2 500 (3) 11 036 TOTAL RAND VALUE OF SECURITIES (1) R141 856 TRANSACTED (2) R10 025 (3) R44 585.44 NAME OF ASSOCIATE The Kyriacos Andrea Pashiou Trust RELATIONSHIP WITH DIRECTOR Trustee of the Trust NATURE AND EXTENT OF INTEREST IN Indirect, beneficial THE TRANSACTION Clearance for the above was obtained in terms of paragraph 3.66 of the JSE Limited Listings Requirements. Pretoria 9 December 2019 Sponsor PSG Capital Date: 09-12-2019 10:01:00 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.