SAC - SA Corporate Real Estate Fund - Resignation from the Board of

SAC - SA Corporate Real Estate Fund - Resignation from the Board of             
Directors                                                                       
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)          
Share Code: SAC ISIN Code: ZAE000083614                                         
("SA Corporate" or "the Fund")                                                  
Resignation from the Board of Directors                                         
In compliance with rule 3.59 of the JSE Limited Listings Requirements, SA       
Corporate unitholders are advised that Musa Ngcobo and his alternate,           
Nicholas Corbishley, have resigned as directors of SA Corporate Real Estate     
Fund Managers Limited, SA Corporate`s management company, with immediate        
effect.                                                                         
Cape Town                                                                       
21 February 2012                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 21/02/2012 15:26:01 Supplied by www.sharenet.co.za                     
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