No change statement, posting notice of annual general meeting and update on B-BBEE compliance report DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIA ISIN: ZAE000203378 JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) (“Dipula” or “the company”) NO CHANGE STATEMENT, POSTING NOTICE OF ANNUAL GENERAL MEETING AND UPDATE ON BROAD- BASED BLACK ECONOMIC EMPOWERMENT COMPLIANCE REPORT Shareholders are advised that Dipula’s integrated annual report, incorporating the audited annual financial statements for the year ended 31 August 2019, (on which the company’s auditors expressed an unmodified audit opinion) is available on the company’s website http://www.dipula.co.za/wp-content/uploads/2019/12/Dipula-IAR-2019_WEB-FA.pdf The audited financial statements contain no changes from the reviewed provisional condensed consolidated financial results for the year ended 31 August 2019 published on 20 November 2019. Shareholders are further advised that a notice of annual general meeting and the relevant supporting documentation was dispatched to shareholders today, 17 December 2019. The annual general meeting of shareholders of Dipula will be held at Dipula’s offices at 12th Floor, Firestation Rosebank, 16 Baker Street, Rosebank, on Wednesday, 12 February 2020 at 9h00. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Tuesday, 4 February 2020 and the record date for voting purposes is Friday, 7 February 2020. Shareholders are advised that the company’s Broad-Based Black Economic Empowerment annual compliance report for the year ended 31 August 2019 is currently being verified and a further announcement in respect of the publication thereof will be released in due course. 17 December 2019 Sponsor Java Capital Date: 17-12-2019 04:40:00 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.