Dealings in securities by an associate of a director of the Company EQUITES PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2013/080877/06) Share code: EQU ISIN: ZAE000188843 Debt company code: EQUI (Approved as a REIT by the JSE) (“Equites” or “the Company”) DEALINGS IN SECURITIES BY AN ASSOCIATE OF A DIRECTOR OF THE COMPANY Shareholders are advised of the following information relating to dealings in securities by an associate of a director of Equites: Name of associate: Gamlan Investments Proprietary Limited (“Gamlan”) Name of director and relationship to director: Giancarlo Lanfranchi, who is a director of and who holds an indirect beneficial interest in Gamlan via the La Famiglia Trust of which he is a beneficiary Date of transaction: 14 August 2020 Class of securities: Ordinary shares Number of securities: 1 163 619 Highest traded price per security on the market on the day: R16.68 Weighted average price per security: R16.75409 Lowest traded price per security on the market on the day: R16.43 Total value of transaction: R19 495 373.55 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Gamlan Name of director and relationship to director: Giancarlo Lanfranchi, who is a director of and who holds an indirect beneficial interest in Gamlan via the La Famiglia Trust of which he is a beneficiary Date of transaction: 17 August 2020 Class of securities: Ordinary shares Number of securities: 409 992 Highest traded price per security on the market on the day: R16.61 Weighted average price per security: R16.4070 Lowest traded price per security on the market on the day: R16.39 Total value of transaction: R6 726 738.74 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Gamlan Name of director and relationship to director: Giancarlo Lanfranchi, who is a director of and who holds an indirect beneficial interest in Gamlan via the La Famiglia Trust of which he is a beneficiary Date of transaction: 18 August 2020 Class of securities: Ordinary shares Number of securities: 123 700 Highest traded price per security on the market on the day: R16.81 Weighted average price per security: R16.4001 Lowest traded price per security on the market on the day: R16.25 Total value of transaction: R2 028 692.37 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes Name of associate: Gamlan Name of director and relationship to director: Giancarlo Lanfranchi, who is a director of and who holds an indirect beneficial interest in Gamlan via the La Famiglia Trust of which he is a beneficiary Date of transaction: 19 August 2020 Class of securities: Ordinary shares Number of securities: 802 689 Highest traded price per security on the market on the day: R16.40 Weighted average price per security: R16.31554 Lowest traded price per security on the market on the day: R16.20 Total value of transaction: R13 096 307.01 Nature of transaction: On-market sale Nature and extent of director’s interest: Indirect beneficial Clearance to deal received: Yes 20 August 2020 Sponsor Java Capital Date: 20-08-2020 03:00:00 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.