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VIF - Vividend Income Fund Limited - Adoption of new performance measures for

Release Date: 24/05/2011 09:07
Code(s): VIF
Wrap Text

VIF - Vividend Income Fund Limited - Adoption of new performance measures for future trading statements Vividend Income Fund Limited Previously known as Business Venture Investments No 1381 (Proprietary) Limited Incorporated in the Republic of South Africa (Registration Number 2010/003232/06) JSE Alpha Code: VIF ISIN: ZAE000150918 ("Vividend" or "the Company") ADOPTION OF NEW PERFORMANCE MEASURES FOR FUTURE TRADING STATEMENTS In compliance with section 3.4(b)(vi) and 3.4(b)(vii) of the Listings Requirements of the JSE Limited, linked unitholders are advised that owing to the nature of the business conducted by Vividend, being that of a property loan stock investment company, the board of Vividend has decided to adopt the "distribution per linked unit" and "net asset value per linked unit" measures for future trading statement purposes, as it is considered to be a more appropriate yardstick to measure the performance of Vividend than "headline earnings per linked unit" and "earnings per linked unit". 24 May 2011 Cape Town Sponsor PSG Capital Date: 24/05/2011 09:07:01 Supplied by www.sharenet.co.za 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.