SAC - SA Corporate Real Estate Fund - Termination of agreement for the

SAC - SA Corporate Real Estate Fund - Termination of agreement for the          
acquisition of a property                                                       
SA Corporate Real Estate Fund                                                   
(Incorporated in the Republic of South Africa)                                  
A Collective Investment Scheme in property registered in terms of the           
Collective                                                                      
Investment Schemes Control Act, No. 45 of 2002 and managed by SA Corporate      
Real Estate Fund Managers Limited (Registration number 1994/009895/06) ("SA     
Corporate Fund Managers")                                                       
Share Code: SAC ISIN Code: ZAE000083614                                         
("SA Corporate" or "the Fund")                                                  
TERMINATION OF AGREEMENT FOR THE ACQUISITION OF A PROPERTY                      
SA Corporate unitholders are referred to the announcement released on SENS on   
21 November 2011 regarding the acquisition of Portion 42 of Stand 59,           
Gosforth Park Extension 4 situated Silverstone Road, Raceway Industrial Park,   
Gosforth Park, Gauteng ("the Property") ("the Acquisition"), also known as LG   
Electronics and City Couriers.                                                  
As set out in the aforementioned announcement, the Acquisition of the           
Property was subject to certain conditions precedent, one of which was the      
satisfactory completion of a due diligence investigation by SA Corporate.       
Despite an extension for the completion of the due diligence investigation,     
SA Corporate was unable to complete the due diligence investigation to its      
satisfaction and, as a result thereof, the agreement entered into for the       
Acquisition has lapsed and is of no further force or effect.                    
13 February 2012                                                                
Cape Town                                                                       
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 13/02/2012 12:28:02 Supplied by www.sharenet.co.za                     
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