CPL/MYT - Capital/Monyetla - Fulfilment of all conditions to scheme Capital Property Fund Share Code: CPL ISIN: ZAE000001731 ("Capital") (A portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in Property established in terms of the Collective Investment Schemes Control Act, No 45 of 2002) Managed by Property Fund Managers Limited ("PFM") (Incorporated in the Republic of South Africa) (Registration No. 1980/009531/06) Monyetla Property Fund Limited (Registration No. 1987/006274/06) Share Code: MYT ISIN Code: ZAE000093761 ("Monyetla") FULFILMENT OF ALL CONDITIONS TO SCHEME Monyetla linked unitholders are advised that the original Order of Court sanctioning the scheme of arrangement ("the scheme") proposed by Capital between Monyetla and its linked unitholders in terms of which Capital will acquire all of the linked units held by Monyetla linked unitholders recorded in the register on the record date of the scheme was registered with the Registrar of Companies on 12 December 2008. Accordingly, all the conditions precedent to the scheme have been fulfilled. The salient dates regarding the implementation of the scheme are as follows: 2009 Last day to trade in order to participate in the Friday, 9 January scheme consideration (see note 3 below) on Suspension of listing of Monyetla linked units at Monday, 12 January commencement of trading on Trading in new Capital units and listing of Monday, 12 January additional Capital units from commencement of trade on Scheme consideration record date, being the date Friday, 16 January on which scheme participants must be recorded in the register to receive the scheme consideration, by close of trading on Operative date of the scheme at the commencement Monday, 19 January of trading on Scheme consideration posted to certificated scheme Monday, 19 January participants (if documents of title are received on or prior to 12:00 on the scheme consideration record date) on or about Dematerialised scheme participants` accounts (held Monday, 19 January at their CSDP or broker) updated on Termination of listing of Monyetla linked units at Monday, 19 January the commencement of trading on
Notes: 1. All dates and times may be changed by mutual agreement between Monyetla and Capital and/or may be subject to certain regulatory approvals. Any changes will be released on SENS and published in the press. 2. All times given in this announcement are local times in South Africa. 3. Monyetla linked unit certificates may not be dematerialised or rematerialised after Friday, 9 January 2009. 18 December 2008 Corporate advisor and sponsor to Capital and transaction sponsor to Monyetla Java Capital (Proprietary) Limited Sponsor to Monyetla Deloitte & Touche Sponsor Services (Pty) Limited Attorneys to the scheme Knowles Husain Lindsay Inc. Date: 18/12/2008 15:51:20 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.