SGA/SGB - Synergy Income Fund Limited - Acquisitions of Setsing Crescent and

SGA/SGB - Synergy Income Fund Limited - Acquisitions of Setsing Crescent and    
Gugulethu Square Shopping Centres: Posting of Category 1 circular and Revised   
Listing Particulars                                                             
SYNERGY INCOME FUND LIMITED                                                     
(formerly Capital Land Retail Fund Limited)                                     
(Incorporated in the Republic of South Africa on 13 November 2007)              
(Registration number 2007/032604/06)                                            
JSE share code for A linked units: SGA       ISIN Code:   ZAE000161550          
JSE share code for B linked units: SGB       ISIN Code:   ZAE000162293          
("Synergy" or "the company")                                                    
ACQUISITIONS OF SETSING CRESCENT AND GUGULETHU SQUARE SHOPPING CENTRES: POSTING 
OF CATEGORY 1 CIRCULAR AND REVISED LISTING PARTICULARS                          
Linked unitholders are referred to the previous announcements relating to the   
proposed acquisitions of the Setsing Crescent and the Gugulethu Square Shopping 
Centres ("the acquisitions") and are advised that the category 1 circular and   
revised listing particulars to be issued in connection with the acquisitions are
anticipated to be posted on or about 16 May 2012.                               
30 April 2012                                                                   
Corporate advisor and sponsor                                                   
Java Capital                                                                    
Independent sponsor                                                             
Deloitte & Touche Sponsor Services (Proprietary) Limited                        
Date: 30/04/2012 16:56:00 Supplied by www.sharenet.co.za                     
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