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Wed 4 Jul 2012, 13:28 Ascension Properties Ltd B - DEALINGS IN SECURITIES BETWEEN A DIRECTOR AND HIS ASSOCIATE
AIB
DEALINGS IN SECURITIES BETWEEN A DIRECTOR AND HIS ASSOCIATE

ASCENSION PROPERTIES LIMITED
(formerly Grey Jade Trade and Invest 85 (Proprietary) Limited)
(Incorporated in the Republic of South Africa on 23 August 2006)
(Registration number 2006/026141/06)
A-Linked Units: JSE code: AIA    ISIN: ZAE000161881
B-Linked Units: JSE code: AIB    ISIN: ZAE000161899
('Ascension' or 'the Company')

DEALINGS IN SECURITIES BETWEEN A DIRECTOR AND HIS ASSOCIATE

Linked unitholders are advised that Shaun Rai, a director of Ascension, has
transferred 20 000 000 directly held B Linked units to an associate, the KSK
Trust, of which he is a trustee and beneficiary, as follows:

Date of transaction:                   29 June 2012
Class of securities:                   B-Linked units
Number of securities:                  20 000 000 B-Linked units
Deemed price per security:             R2.00
Deemed value:                          R40 000 000
Nature of transaction:                 Off-market transfer of B-Linked
                                       units.
Clearance to deal received:            Yes


4 July 2012

Sponsor
Java Capital
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