EMI - Emira Property Fund - Dealings in securities by a director

EMI - Emira Property Fund - Dealings in securities by a director                
EMIRA PROPERTY FUND                                                             
Registered in terms of the Collective Investments Schemes Control Act No 45 of  
2003)                                                                           
ISIN: ZAE000050712                                                              
Share code: EMI                                                                 
DEALINGS IN SECURITIES BY A DIRECTOR                                            
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                      :    Matthys Neser                                
Company                       :    Strategic Real Estate Managers               
(Pty)Limited - Managers of                                                      
Emira Property Fund                                                             
Nature of transactions        :    On market sale of Participatory              
Interests                                                                       
Class of securities           :    Ordinary Participatory                       
Interests                                                                       
Date of transaction           :    18 March 2011                                
Number of securities          :    13 127                                       
Selling price                 :    R12.65 per ordinary                          
Participatory Interest                                                          
Total value of transaction    :    R166 056.55                                  
Date of transaction           :    22 March 2011                                
Number of securities          :    6 873                                        
Selling price                 :    R12.65 per ordinary                          
Participatory Interest                                                          
Total value of transaction    :    R86 943.45                                   
Nature of interest            :    Indirect beneficial                          
Clearance obtained            :    Yes                                          
Sandton                                                                         
22 March 2011                                                                   
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 22/03/2011 14:57:01 Supplied by www.sharenet.co.za                     
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