Redefine / Spearhead - Registration Of Order Of Court

Redefine / Spearhead - Registration Of Order Of Court                           
Redefine Income Fund Limited                                                    
(Registration No. 1999/018591/06)                                               
Share Code: RDF & ISIN Code: ZAE000023503                                       
("Redefine")                                                                    
Spearhead Property Holdings Limited                                             
(Registration No. 1996/005827/06)                                               
Share Code: SPE & ISIN Code: ZAE000019162                                       
("Spearhead")                                                                   
REGISTRATION OF ORDER OF COURT                                                  
Redefine and Spearhead linked unitholders are referred to the announcement      
released on SENS on 20 November 2006 and in the press on 21 November 2006 and   
are advised that the Order of Court sanctioning the scheme has been registered  
by the Registrar in terms of the Companies Act (Act 61 of 1973, as amended).    
Accordingly, all conditions precedent to the scheme have been fulfilled.        
Rosebank                                                                        
21 November 2006                                                                
Corporate advisor, legal advisor and sponsor to Redefine                        
Java Capital (Proprietary) Limited                                              
Corporate advisor and sponsor to Spearhead                                      
Bridge Capital Advisors (Proprietary) Limited                                   
Legal advisor to Spearhead and attorneys to the scheme                          
Hofmeyr Herbstein & Gihwala Inc.                                                
Legal advisor to Spearhead                                                      
Werksmans Inc.                                                                  
Spearhead"s auditors and independent advisor                                    
PKF (Newlands) Inc.                                                             
Date: 21/11/2006 02:40:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department