Changes to the board of directors Delta Property Fund Limited (Incorporated in the Republic of South Africa) (Registration number 2002/005129/06) Share code: DLT ISIN: ZAE000194049 ("Delta" or “the Company”) REIT status approved CHANGES TO THE BOARD OF DIRECTORS Shareholders are advised of the following changes to the board of directors of Delta (“Board”): 1. Mr JB Magwaza, the current independent non-executive chairman of Delta, has indicated to the Board that he will not be standing for re-election at the upcoming annual general meeting of Delta (“AGM”) and will retire as an independent non-executive director of Delta and as the Chairman with effect from the date of the AGM being 31 August 2020. 2. Ms Phumzile Langeni, who holds a number of directorships in listed and unlisted companies coupled with advisory positions and has a wealth of experience across various industries, has been appointed both to the Board as the non-executive deputy chairman with effect from 6 July 2020. She will assume the role of chairman on Mr Magwaza’s retirement at the AGM; 3. Mr JJ Njeke will continue as the lead independent director; and 4. Ms Bongi Masinga, an experienced non-executive director who holds a number of directorships in listed and unlisted companies, has been appointed to the Board as a non-executive director with effect from 6 July 2020. The Board wishes to thank Mr Magwaza for his exemplary leadership during his tenure and wishes him well in his retirement. Johannesburg 6 July 2020 Sponsor Nedbank Corporate and Investment Banking Date: 06-07-2020 09:27:00 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.