VIVIDEND INCOME FUND LIMITED - Disclosure of disposal of securities

Disclosure of disposal of securities

Vividend Income Fund Limited
Incorporated in the Republic of South Africa
(Registration Number 2010/003232/06)
JSE Alpha Code: VIF
ISIN: ZAE000150918
(“Vividend” or “the Company”)

DISCLOSURE OF DISPOSAL OF SECURITIES

In accordance with section 122(3)(b) of the Companies Act No 71 of
2008,   as  amended,   and   section  3.83(b)   of   the  Listings
Requirements, Linked Unitholders are hereby advised that the
Company has received formal notification of the following movement
in its securities:

Element Investment Managers (Proprietary) Limited (“Element”) has
reduced its holding in the issued Linked Units of the Company to
12.3% post conclusion of the Combined Claw-back and Rights Offer,
as communicated to Linked Unitholders in the Circular dated
13 May 2013. Element was not one of Joint Underwriters of the
Combined Claw-back and Rights Offer.

13 June 2013
Cape Town

Sponsor
PSG Capital

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