Change of Company Secretary SAFARI INVESTMENTS RSA LIMITED Approved as a REIT by the JSE Limited (Incorporated in the Republic of South Africa) (Registration number 2000/015002/06) Share code: SAR ISIN: ZAE000188280 (“Safari” or “the Company”) CHANGE OF COMPANY SECRETARY In accordance with paragraph 3.59(b) of the JSE Limited Listings Requirements and given the changes to the board of directors of the Company (“the Board”) announced on SENS on 7 November 2018, the Board wishes to advise that Dirk Engelbrecht has resigned as company secretary of the Company with immediate effect. The Board has appointed Pieter van Niekerk as company secretary with immediate effect. Curriculum Vitae: Pieter van Niekerk Pieter joined Safari during May 2017 as Legal Advisor and Property Development Manager assisting with the legal aspects and requirements of greenfield projects, from implementation through to fruition. Pieter previously practiced as a Notary and Conveyancer bringing great knowledge of the property market to Safari. He is also part of the portfolio marketing team who networks with retailers in the market to promote existing and new retail space within the Safari portfolio. On 14 November 2018 he was appointed as the group company secretary and legal counsel of Safari dealing with all statutory compliance and corporate governance aspects for the group. Pretoria 14 November 2018 Sponsor PSG Capital Date: 14/11/2018 04:59:00 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.