VPF - Vunani Property Investment Fund Limited - Withdrawal of cautionary

VPF - Vunani Property Investment Fund Limited - Withdrawal of cautionary        
announcement                                                                    
Vunani Property Investment Fund Limited                                         
(Registration number: 2005/019302/06)                                           
(formerly Vunani Property Investment Fund (Proprietary) Limited)                
ISIN: ZAE000157459                                                              
JSE code: VPF                                                                   
("VPIF" or "the Company")                                                       
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Unitholders are referred to the announcement published by the company on 18     
November 2012 wherein they were advised that negotiations were in progress      
relating to the acquisition of further properties which, if successfully        
concluded, could effect the price of the company`s linked units.                
With regard to the above, unitholders are advised that these negotiations are no
longer ongoing and caution is no longer required when dealing in VPIF`s linked  
units.                                                                          
Sandton                                                                         
5 January 2012                                                                  
Sponsor                                                                         
Grindrod Bank Limited                                                           
Date: 05/01/2012 09:59:20 Supplied by www.sharenet.co.za                     
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