Accelerate Property Fund : Dealings in securities by Prescribed Officer and Directors

ACCELERATE PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number: 2005/015057/06)

Share code: APF ISIN: ZAE000185815

Bond company code: APFE

("Accelerate", "APF" or the "Company") (Approved as a REIT by the JSE)

DEALINGS IN SECURITIES BY DIRECTORS AND PRESCRIBED OFFICER

In compliance with sections 3.63 to 3.74 of the Listings Requirements of the JSE Limited, shareholders are hereby advised of the following dealings in securities of Accelerate in terms of the Scrip Distribution, the results of which were announced on SENS on 25 July 2022.

Name	: Michael Georgiou
Designation	: Chief executive officer
Company	: APF
Date of transaction	:	27 July 2022
Nature of transaction	: Off-market receipt of Accelerate Shares in respect of the Share
		Reinvestment Alternative
Number of Shares	: 91 967 088
Deemed price per Share	:	R0,70
Total value of transaction	: R 64 376 961.60
Nature of interest	:	Indirect beneficial
Clearance obtained	:	Yes
Name	: Andrew Costa
Designation	: Chief operations officer
Company	: APF
Date of transaction	:	27 July 2022
Nature of transaction	: Off-market receipt of Accelerate Shares in respect of the Share
		Reinvestment Alternative
Number of Shares	: 2 493 348
Deemed price per Share	:	R0,70
Total value of transaction	: R 1 745 343.60
Nature of interest	:	Direct beneficial
Clearance obtained	:	Yes
Name	: Dawid Wandrag
Designation	: Executive Director
Company	: APF
Date of transaction	:	27 July 2022
Nature of transaction	: Off-market receipt of Accelerate Shares in respect of the Share
		Reinvestment Alternative
Number of Shares	: 2 723 409
Deemed price per Share	: R0,70
Total value of transaction	: R 1 906 386.30
Nature of interest	: Direct and Indirect beneficial
Clearance obtained	: Yes
Name	: Dimitri Kyriakides
Designation	: Chief financial officer
Company	: APF
Date of transaction	:	27 July 2022
Nature of transaction	: Off-market receipt of Accelerate Shares in respect of the Share
		Reinvestment Alternative
Number of Shares	: 702 265
Deemed price per Share	: R0,70
Total value of transaction	: R 491 585.50

Nature of interest	: Direct beneficial
Clearance obtained	: Yes
Name	: Pieter Grobler
Designation	: Head of finance and treasury
Company	: APF
Date of transaction	: 27 July 2022
Nature of transaction	: Off-market receipt of Accelerate Shares in respect of the Share
	Reinvestment Alternative
Number of Shares	: 84 540
Deemed price per Share	: R0,70
Total value of transaction	: R 59 178
Nature of interest	: Direct beneficial
Clearance obtained	: Yes

Johannesburg

26 July 2022

Sponsor

The Standard Bank of South Africa Limited