SA CORPORATE REAL ESTATE FUND - Appointment of chairman

Appointment of chairman

SA Corporate Real Estate Fund
(Incorporated in the Republic of South Africa)
A Collective Investment Scheme in property registered in
terms of the Collective Investment Schemes Control Act,
No. 45 of 2002 and managed by SA Corporate Real Estate
Fund Managers Limited (Registration number
1994/009895/06)
Share Code: SAC               ISIN Code: ZAE000083614
("SA Corporate" or "the Fund" or “the company”)

Appointment of Chairman

In compliance with rule 3.59 of the JSE Limited Listings
Requirements, SA Corporate unitholders are advised that
Mr Jeff Molobela, recently appointed as a director, has
been appointed as independent non-executive Chairman of
the Board. Mr Molobela holds a BSc (Eng) Hons, DIC and
MBA from Imperial College in London. He currently serves
on the boards of a number of companies including Telkom
Limited and is a past director of a number of property
companies, including Primegro Properties Limited,
Growthpoint Properties Limited and CBS Properties
Limited.

As a result of the appointment, Mr John Biesman-Simons
will step down as Acting Chairman of the Board and as
Acting Chairman of the Nomination and Remuneration
Committee. The Board of SA Corporate would like to thank
Mr Biesman-Simons for the exemplary manner in which he
has led SA Corporate during his tenure as Acting Chairman
and the substantial contribution he made to the Fund in
this role. Mr Biesman-Simons will remain on the Board as
an independent non-executive director and will revert
back to Chairman of the Audit Committee. The Board also
thanks Mr Seedat who fulfilled the role of Acting
Chairman of the Audit Committee.

These changes are effective immediately and the
appointment of Mr Molobela is subject to the necessary
regulatory approvals being obtained.



Cape Town
30 May 2013

Sponsor
Nedbank Capital

Date: 30/05/2013 03:35:00 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.