FVT - Fairvest Property Holdings Limited - Appointments to the board of

FVT - Fairvest Property Holdings Limited - Appointments to the board of         
directors                                                                       
Fairvest Property Holdings Limited                                              
Incorporated in the Republic of South Africa                                    
(Registration Number: 1998/005011/06)                                           
Share code: FVT & ISIN: ZAE000034658                                            
("Fairvest" or "the Company")                                                   
APPOINTMENTS TO THE BOARD OF DIRECTORS                                          
In accordance with rule 3.59(a) of the Listings Requirements of the JSE Limited,
linked unitholders are hereby advised of the following appointments to the board
of directors of the Company:                                                    
Mr Darren Wilder appointed as executive director with effect from 22 September  
2011.                                                                           
*    Mr Wilder worked for Seeff Properties in various positions from 1991 until 
    1997. During 1997 he was appointed to the board of the then JSE-listed      
company Capital Alliance Properties and was a participant in its management 
    buy-out. Mr Wilder co-founded Spearhead Property Group and was part of the  
    team that listed the company on the JSE. He was appointed COO in 1999. Mr   
    Wilder`s work experience also includes National Leasing Director for        
Madison Properties, business development director of the V&A Waterfront and 
    also a consultant to the chief executive officer of the V&A Waterfront.     
*    Mr Adam Marcus appointed as the alternate director to Mr Darren Wilder with
    effect from 22 September 2011.                                              
Mr Marcus graduated in 1995 from the University of Cape Town with a BSc     
    (CM) after which he joined Golding Commercial. During his time with Golding 
    Commercial, he headed up the Investment Sales Division, structuring         
    investment and development transactions. During 1999, he founded Gateway    
Property Developments, which has a 12 year track record of delivering       
    commercial property developments.                                           
The board welcomes the appointment of Messrs Wilder and Marcus and looks forward
to their valued contributions.                                                  
Cape Town                                                                       
23 September 2011                                                               
Sponsor:                                                                        
PSG Capital (Pty) Limited                                                       
Date: 23/09/2011 16:32:01 Supplied by www.sharenet.co.za                     
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