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FPT - Fountainhead Property Trust - Update on proposed transaction and further cautionary announcement Fountainhead Property Trust A Collective Investment Scheme in property registered in terms of the Collective Investment Schemes Control Act, No.45 of 2002 (Registration number 1983/003324/06) Share code: FPT ISIN code: ZAE000097416 ("Fountainhead") Update on proposed transaction and further cautionary announcement Unitholders of Fountainhead ("Unitholders") are referred to the announcement dated 30 March 2012 regarding the acquisition by Redefine Properties Limited ("Redefine") of the management company ("Manco") of Fountainhead, and the renewal of cautionary announcement dated 10 May 2012. Unitholders are further referred to the Redefine announcement released earlier today whereby linked unitholders of Redefine were advised that the Registrar of Collective Investment Schemes has, subject to the approval of the Competition Commission and the South African Reserve Bank, granted approval for Redefine to acquire control of the Manco. The acquisition of the Manco therefore remains conditional on the approval of the Competition Commission and the South African Reserve Bank. Unitholders are accordingly advised to continue to exercise caution when dealing in their Fountainhead units until such time as further announcements are made in this regard. Cape Town 15 June 2012 By order of the Board Fountainhead Property Trust Management Limited Sponsor The Standard Bank of South Africa Limited Date: 15/06/2012 12:16:01 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.
