LIBERTY TWO DEGREES LIMITED
                                Incorporated in the Republic of South Africa
                                  (Registration number 2018/388906/06)
                                     (Approved as a REIT by the JSE)
                                 Share code: L2D     ISIN: ZAE000260576
                                             (“the Company”)

                    CORRECTION ANNOUNCEMENT- DEALINGS IN SECURITIES


Shareholders are referred to the announcement released on SENS by the Company yesterday, Tuesday,
6 September 2022 entitled ‘Dealings in Securities’ and are hereby advised that certain line items relating
to the ‘Number of securities’ and ‘Total value of transaction’ were incorrectly disclosed for Mr José Richard
Snyders and Mr Benjamin Swanepoel relating to the nature of transactions described as:

-   On-market sale to cover the income tax liability from the vesting of the restricted share awards; and
-   Off-market receipt of ordinary shares.

Accordingly, following clarification with the Company’s broker and in compliance with paragraphs 3.63 to
3.74 of the JSE Limited Listings Requirements, the correct information is provided below:


Director (Financial Director)                       José Richard Snyders
Date of transaction                                 5 September 2022
Number of securities                                69 068 ordinary shares
Nature of transaction                               On-market sale to cover the income tax liability from the
                                                    vesting of the restricted share awards.
Volume weighted average price per share             R4.1137
Lowest selling price                                R4.10
Highest Selling price                               R4.26
Total value of transaction                          R284 125.03
Nature and extent of interest                       Direct beneficial

Following the off-market vesting of the restricted share awards and the on-market sale of ordinary shares
to settle income tax liabilities, Mr José Richard Snyders received the following number of shares.

Director (Financial Director)                       José Richard Snyders
Date of transaction                                 5 September 2022
Number of securities                                80 640 ordinary shares
Nature of transaction                               Off-market receipt of ordinary shares
Price per share                                     Nil
Total value of transaction                          Not applicable
Nature and extent of interest                       Direct beneficial

Company Secretary                                   Benjamin Swanepoel
Date of transaction                                 5 September 2022
Number of securities                                929 ordinary shares
Nature of transaction                               On-market sale to cover the income tax liability from the
                                                    vesting of the restricted share awards.
Volume average weighted price per share             R4.1137
Lowest selling price                                R4.10
Highest selling price                               R4.26
Total value of transaction                          R3 821.63
Nature and extent of interest                       Direct beneficial
Following the off-market vesting of the restricted share awards and the on-market sale of ordinary shares
to settle the income tax liability, Mr Benjamin Swanepoel received the following number of shares.

Company Secretary                                 Benjamin Swanepoel
Date of transaction                               5 September 2022
Number of securities                              1 085 ordinary shares
Nature of transaction                             Off-market receipt of ordinary shares
Price per share                                   Nil
Total value of transaction                        Not applicable
Nature and extent of interest                     Direct beneficial

Clearance to trade for the above transactions was obtained in terms of paragraph 3.66 of the JSE Listings
Requirements.

Johannesburg
7 September 2022

Sponsor
Merchantec Capital

Investor Relations
Sumenthree Moodley
Contact number: 011 358 9171