SAC - SA Corporate Real Estate Fund - Results of voluntary annual general

SAC - SA Corporate Real Estate Fund - Results of voluntary annual general       
meeting and 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")                                                                
Results of voluntary annual general meeting and resignation from the Board of   
Directors                                                                       
Results of voluntary AGM                                                        
SA Corporate unitholders are advised that, at the voluntary annual general      
meeting of SA Corporate held at the Colosseum Meeting Room, Property on Fifth,  
Mutual Park, Pinelands on 18 May 2012, all the resolutions were passed by the   
requisite majority of shareholders present or represented by proxy with the     
exception of resolution 2.3 to elect any other director duly nominated. This    
resolution was withdrawn as no other nominations from the unitholders were      
received.                                                                       
Resignation from the Board of Directors                                         
In compliance with rule 3.59 of the JSE Limited Listings Requirements, SA       
Corporate unitholders are advised that Mr Wayne van der Vent has resigned       
as non-executive director of SA Corporate Real Estate Fund Managers Limited     
with effect from 18 May 2012. Mr Van der Vent was previously a unitholder       
nominated director but remained on the board following his resignation from     
the Public Investment Corporation, the Fund`s largest unitholder in August 2011.
Cape Town                                                                       
21 May 2012                                                                     
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 21/05/2012 11:32:01 Supplied by www.sharenet.co.za                     
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