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Wed 28 Nov 2012, 14:35 INVESTEC PROPERTY FUND LIMITED - Directors` Dealings in Securities
IPF 201211280041A
Directors` Dealings in Securities

INVESTEC PROPERTY FUND LIMITED
Registered in the Republic of South Africa
(Reg. no: 2008/011366/06)
Share code: IPF ; ISIN code: ZAE000155099
(“Investec Property Fund” or “the Fund”)

DIRECTORS` DEALINGS IN SECURITIES

Further to the announcement released on SENS dated 3 October 2012 wherein it was stated that
S Hackner, SR Leon, DAJ Donald and GR Rosenthal had indicated that they intend to follow their
rights in terms of the Rights Offer which closed on Friday, 2 November 2012 (“Rights Offer”),the
following is disclosed in compliance with rules 3.63 to 3.65 of the Listings
Requirements of the JSE Limited:


Name:                               Sam Hackner
Designation:                        Chairman
Date of transaction:                5 November 2012
Class of securities:                Linked Units
Number of ordinary shares:          2 457 190
Price of ordinary shares:           R 13.82
Value of transaction:               R 33,958,365.80
Nature of transaction:              Acquisition of linked units
Nature of interest:                 Direct, beneficial
Clearance to deal obtained:         Yes

Name:                               Samuel Ronald Leon
Designation:                        Chief Executive Officer
Date of transaction:                5 November 2012
Class of securities:                Linked Units
Number of ordinary shares:          1,002,189
Price of ordinary shares:           R 13.82
Value of transaction:               R 13,850,251.98
Nature of transaction:              Acquisition of Linked Units
Nature of interest:                 Direct, beneficial
Clearance to deal obtained:         Yes

Name:                               David Alexander Jon Donald
Designation:                        Finance Director
Date of transaction:                5 November 2012
Class of securities:                Linked Units
Number of ordinary shares:          26,000
Price of ordinary shares:           R 13.82
Value of transaction:               R 359,320.00
Nature of transaction:              Acquisition of Linked Units
Nature of interest:                 Direct, beneficial
Clearance to deal obtained:         Yes

Name:                               Graham Robert Rosenthal
Designation:                        Non-Executive Director
Date of transaction:                5 November 2012
Class of securities:                Linked Units
Number of ordinary shares:          1,199
Price of ordinary shares:           R 13.82
Value of transaction:               R 16,570.18
Nature of transaction:              Acquisition of Linked Units
Nature of interest:                 Direct, beneficial
Clearance to deal obtained:         Yes

In addition, S Leon applied for excess linked units in terms of the Rights Offer and was
allocated the following linked units:

Name:                               Samuel Ronald Leon
Designation:                        Chief Executive Officer
Date of transaction:                5 November 2012
Class of securities:                Linked Units
Number of ordinary shares:          309,813
Price of ordinary shares:           R 13.82
Value of transaction:               R 4,281,615.66
Nature of transaction:              Acquisition of Linked Units
Nature of interest:                 Direct, beneficial
Clearance to deal obtained:         Yes

The above transactions occurred off market pursuant to the Rights Offer and clearance to deal was
obtained.

28 November 2012
Sponsor:
Investec Bank Limited

Date: 28/11/2012 02:35:00 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
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