REB - Rebosis Property Fund Limited - Update on acquisitions and further

REB - Rebosis Property Fund Limited - Update on acquisitions and further        
cautionary announcement                                                         
REBOSIS PROPERTY FUND LIMITED                                                   
(formerly Business Venture Investments No. 1389 (Proprietary) Limited)          
Registration number 2010/003468/06                                              
JSE code: REB    ISIN: ZAE 000156147                                            
("Rebosis" or the "company")                                                    
UPDATE ON ACQUISITIONS AND FURTHER CAUTIONARY ANNOUNCEMENT                      
Linked unitholders are referred to the previous cautionary announcements, the   
last of which was released on SENS on 5 March 2012, relating to the acquisition 
of letting enterprises and properties from various vendors by Rebosis.          
Linked unitholders are advised that Rebosis will not be proceeding with the     
Capital Towers acquisition. The remaining acquisitions are for the Revenue      
Building, 270 Jabu Ndlovu Street, 28 Harrison Street and SASSA Campus (the      
"remaining acquisitions").                                                      
The company is in the process of finalising the financial effects in respect of 
the remaining acquisitions and expects to release an announcement in this regard
together with the release of company`s interim results for the six months ended 
29 February 2012 on Wednesday, 25 April 2012.                                   
Accordingly, linked unitholders are advised to continue to exercise caution when
dealing in the company`s securities until a further announcement is released.   
20 April 2012                                                                   
Sponsor                                                                         
Java Capital                                                                    
Date: 20/04/2012 12:05:37 Supplied by www.sharenet.co.za                     
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