SYC - Sycom Property Fund - Dealing in securities by an associate of the

SYC - Sycom Property Fund - Dealing in securities by an associate of the        
company secretary                                                               
Sycom Property Fund                                                             
("Sycom" or "the Fund")                                                         
A Collective Investment Scheme in property registered in terms of the           
Collective Investment Schemes Control Act, No. 45 of 2002 and managed by Sycom  
Property Fund Managers Limited (Registration number 1986/002756/06)             
JSE Share code: SYC                                                             
ISIN: ZAE000019303                                                              
DEALING IN SECURITIES BY AN ASSOCIATE OF THE COMPANY SECRETARY                  
Unitholders are advised of the following information relating to the dealing    
in securities by an associate of the company secretary:                         
Company secretary:                      H Steyn                                 
Date of transaction:                    23 November 2011                        
Number of securities:                   3 200                                   
Price per security:                     R23.16                                  
Total value:                            R74 112                                 
Number of securities:                   8 800                                   
Price per security:                     R23.25                                  
Total value:                            R204 600                                
Class of securities:                    Linked units                            
Nature of transaction:                  Purchase in the open market by          
                                       Mrs R J Y Steyn, an associate of the     
company secretary                        

Extent of interest:                     Indirect beneficial                     
Written clearance to deal:              Yes                                     
Cape Town                                                                       
24 November 2011                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 24/11/2011 13:30:19 Supplied by www.sharenet.co.za                     
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