RES - Resilient - Voluntary Announcement in respect of the Acquisition of the

RES - Resilient - Voluntary Announcement in respect of the Acquisition of the   
remaining 50% of The Grove                                                      
Resilient Property Income Fund Limited                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 2002/016851/06'                                             
Share code: RES   ISIN ZAE000043642                                             
("Resilient")                                                                   
VOLUNTARY ANNOUNCEMENT IN RESPECT OF THE ACQUISITION OF THE REMAINING 50% OF THE
GROVE                                                                           
Unitholders are advised that Resilient has acquired the remaining 50% of The    
Grove not already owned by it.                                                  
The Grove is a 40 709sqm mall situated in Equestria, Pretoria and was acquired  
at a 8.25% capitalisation rate and for a cash consideration of R356.4 million.  
Resilient took transfer of the property on 9 June 2011.                         
20 June 2011                                                                    
Sponsor                                                                         
Java Capital                                                                    
Date: 20/06/2011 15:57:01 Supplied by www.sharenet.co.za                     
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