INVESTEC PROPERTY FUND LIMITED - The conversion of the linked unit capital structure and the conversion of par value to no par value shares

The conversion of the linked unit capital structure and the conversion of par value to no par value shares

INVESTEC PROPERTY FUND LIMITED
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Reg. No: 2008/011366/06)
(VAT no: 4110247709)
Linked unit code: IPF
ISIN: ZAE000155099
("Investec Property Fund” or “the Fund”)

FINALISATION ANNOUNCEMENT - THE CONVERSION OF INVESTEC PROPERTY FUND’S LINKED UNIT CAPITAL
STRUCTURE TO AN ALL EQUITY CAPITAL STRUCTURE AND THE CONVERSION OF PAR VALUE SHARES TO NO
PAR VALUE SHARES

Linked unitholders of Investec Property Fund (“Linked Unitholders”) are referred to the announcement
released on SENS on 6 September 2013 advising linked unitholders that on account of a delay in the
registration of the requisite special resolutions at the Companies and Intellectual Property Commission
(“CIPC”), the Fund would issue revised salient dates in respect of the implementation of the delinking of the
the Fund’s linked units, the capitalisation of the Fund’s debentures and the conversion of the Fund’s ordinary
par value shares to ordinary shares of no par value.

All the requisite special resolutions have now been registered by the CIPC and the Fund will proceed with the
implementation of the abovementioned corporate actions in accordance with the revised salient dates
outlined below:

                                                                                             2013

 Publication of this finalisation announcement on SENS                                Thursday, 7 November

 Last day to trade in existing linked units on the JSE prior to the delinking         Friday, 15 November
 of the linked units and the capitalisation of the debentures

 Trading in delinked ordinary shares of no par value under the new ISIN               Monday, 18 November
 ZAE000180915 and the existing code of ‘IPF’ to commence on

 Record date for the delinking of the linked units and the capitalisation of          Friday, 22 November
 the debentures and the increase in the authorised share capital at the
 close of business on

 Dematerialised linked unitholders to have their accounts updated at their            Monday, 25 November
 CSDP or broker on

 Date of issue of new replacement share certificates provided that the old            Monday, 25 November
 linked unit certificates have been surrendered by no later than 12:00 on
 Friday, 22 November 2013 (any certificated linked units surrendered after
 this date will be replaced within 5 (five) business days after receipt by the
 transfer secretaries)


Sandton
7 November 2013

Sponsor and Investment Bank to Investec Property Fund
Investec Bank Limited

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