TRP121: Notification of a disposal of beneficial interest in securities DIPULA INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2005/013963/06) JSE share code: DIB ISIN: ZAE000203394 (Approved as a REIT by the JSE) ("Dipula" or "the Company") TRP121: NOTIFICATION OF A DISPOSAL OF BENEFICIAL INTEREST IN SECURITIES In compliance with section 122(3)(b) of the Companies Act, 71 of 2008 (the "Companies Act"), Regulation 121(2)(b) of the Companies Act Regulations 2011 and paragraph 3.83(b) of the JSE Listings Requirements, shareholders are advised that Dipula has received notification from Public Investment Corporation SOC Limited (the "PIC") of the disposal by the PIC of Dipula ordinary shares, such that the PIC now holds 14.938% of Dipula's total issued ordinary shares. As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notice with the Takeover Regulation Panel. Responsibility statement The board of directors of Dipula accepts responsibility for the information contained in this announcement and certifies that, to the best of its knowledge and belief, the information contained in this announcement is true and this announcement does not omit anything that is likely to affect the import of such information. 31 May 2023 Sponsor Java Capital Date: 31-05-2023 02:10:00 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.