DIA/DIB - Dipula Income Fund Limited - Results of the written consent process in

DIA/DIB - Dipula Income Fund Limited - Results of the written consent process in
relation to ordinary resolution of linked unitholders of the company adopted in 
terms of section 60 of the companies act, 2008 (the "act")                      
DIPULA INCOME FUND LIMITED                                                      
(formerly Dipula Property Fund (Pty) Ltd)                                       
Registration number 2005/013963/06                                              
JSE code for A-linked units: DIA                                                
ISIN for A-linked units: ZAE000158317                                           
JSE code for B-linked units: DIB                                                
ISIN for B-linked units: ZAE000158325                                           
("Dipula" or the "Company")                                                     
RESULTS OF THE WRITTEN CONSENT PROCESS IN RELATION TO ORDINARY RESOLUTION OF    
LINKED UNITHOLDERS OF THE COMPANY ADOPTED IN TERMS OF SECTION 60 OF THE         
COMPANIES ACT, 2008 (the "Act")                                                 
Linked unitholders are referred to the announcement released on SENS on 20 April
2012, regarding the proposed ordinary resolution relating to granting directors 
of the Company a specific authority to place up to 4 000 000 A-linked units and 
up to 4 000 000 B-linked units in the authorised but unissued capital of the    
Company under the control of the directors in order to implement a capital      
raising, for consideration by written consent of linked unitholders in terms of 
section 60 of the Act.                                                          
Linked unitholders are advised that the proposed ordinary resolution was        
supported by written consent of persons entitled to exercise voting rights      
thereon and holding approximately 80% (eighty percent) of the voting rights in  
the Company as at 20 April 2012 and accordingly the proposed ordinary resolution
has been adopted by the Company in terms of section 60(2) of the Act.           
The Company will deliver a statement in accordance with section 60(4) of the Act
to linked unitholders recorded in the Company register as at 20 April 2012.     
28 May 2012                                                                     
Corporate advisor, Legal advisor and Sponsor                                    
Java Capital                                                                    
Date: 28/05/2012 16:51:01 Supplied by www.sharenet.co.za                     
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