IPF - Investec Property Fund Limited - Dealing in securities by company

IPF - Investec Property Fund Limited - Dealing in securities by company         
secretary                                                                       
Investec Property Fund Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2008/011366/06)                                            
ISIN ZAE000155099                                                               
Share Code IPF                                                                  
("Investec Property Fund" or "the Fund")                                        
DEALING IN SECURITIES BY COMPANY SECRETARY                                      
In compliance with the JSE Limited Listings Requirements, the following         
information is disclosed:                                                       
Director                         :   S. Noik                                    
Date of transaction              :   11 May 2011                                
Nature of transaction            :   on market purchase of                      
                                    securities                                  
Number of securities             :   30,481                                     
Class of securities              :   Linked Units                               
Purchase price                   :   R10.10                                     
Total value of transaction       :   R307,858.10                                
Nature of interest               :   Direct beneficial                          
Clearance obtained               :   Yes                                        
                                                                                
Sandton                                                                         
12 May 2011                                                                     
Sponsor                                                                         
Investec Bank Limited                                                           
Date: 12/05/2011 08:58:01 Supplied by www.sharenet.co.za                     
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