Dealing in securities by directors SA Corporate Real Estate Limited (Incorporated in the Republic of South Africa) (Registration number 2015/015578/06) Share code: SAC ISIN: ZAE000203238 (Approved as a REIT by the JSE) ("SA Corporate" or “the Company”) DEALING IN SECURITIES BY DIRECTORS In compliance with rule 3.63 of the JSE Listings Requirements, the following information is disclosed: Name: A M Basson Office held: Chief Financial Officer Nature of interest: Direct beneficial Date of transaction: 30 June 2020 Number of matched share awards: 25,759 Price per matched share: R1.3000 Value of transaction: R33,485.40 Nature of transaction: One-third vesting of matched shares awarded in 2017 in terms of participation in SA Corporate's Forfeitable Share Plan (off market) Date of transaction: 29 June 2020 Number of forfeitable performance share awards: 112,260 Vesting price per forfeitable performance share: R1.3005 Value of the transaction: R145,994.19 Nature of transaction: 27.5% vesting of forfeitable performance shares in terms of participation in 2017 in SA Corporate's Forfeitable Share Plan (off market) Date of transaction: 30 June 2020 Number of forfeitable performance share awards: 2,642,673 Price per forfeitable performance share: R1.0515 Value of transaction: R2 778 645.00 Nature of transaction: Grant and acceptance of forfeitable performance share awards in terms of SA Corporate's Forfeitable Share Plan (off market) Vesting period: Vesting date of 18 June 2023 subject to performance conditions Written clearance to deal received: Yes Name: T R Mackey Office held: Chief Executive Officer Nature of interest: Direct beneficial Date of transaction (vesting date): 29 June 2020 Number of forfeitable performance share awards: 168,598 Vesting price per forfeitable performance share: R1.3005 Value of the transaction: R219,262.00 Nature of transaction: 23.7% vesting of forfeitable performance shares in terms of participation in 2017 in SA Corporate's Forfeitable Share Plan (off market) Date of transaction: 30 June 2020 Number of forfeitable performance share awards: 5,753,311 Price per forfeitable performance share: R1.0515 Value of transaction: R6,049 334.00 Nature of transaction: Grant and acceptance of forfeitable performance share awards in terms of SA Corporate's Forfeitable Share Plan (off market) Vesting period: Vesting date of 18 June 2023 subject to performance conditions Written clearance to deal received: Yes Cape Town 3 July 2020 Sponsor Nedbank Corporate and Investment Banking Date: 03-07-2020 12:25:00 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.