Dipula Income Fund standard commission structure for agents / brokers: To whom it may concern: Dipula Income Fund and its subsidiaries Mergence Africa Property Investment Trust and Dipula Property Investment Trust shall award commission to the broker / agent who is the effective cause of a successful leasing transaction on the following terms: Please note that commission will only be paid upon the following taking place: • • • • • Lease signed by all parties Tenant in occupation of premises Deposit paid First months rental paid All tenants outstanding documents supplied to the Landlord. Commission Structure: • • • 5% of the Gross Rental excl VAT on the 1st two years on the lease. 2.5% of the Gross Rental excl VAT on years 3, 4 & 5 of the lease 1% of the Gross Rental excl VAT for the balance of the period Any Lease for 12 months or less will qualify for a commission of 5% of the Gross Rental excl Vat only. Special commission incentives and arrangements will be considered by the Landlord at their discretion. For more information please contact: Byron Wilson 011 325 2005 083 600 2232 [email protected] Dipula Income Fund website: www.dipula.co.za Dipula Income Fund Limited, Reg No. 2005/013963/06 Block B, Dunkeld Park, 6 North Road, Dunkeld West, Johannesburg, 2196 Tel: +27 11 325 2112, Fax +27 11 325 7957 Directors: ZJL Matlala (Chairperson), IS Petersen (CEO), BH Azizollahoff*♯, B de Bruyn (FD), NS Gumede, E Links*, Y Waja* * Independent non-executive, ♯ British