SYCIVC - Investec Warrants - Declared distribution announcement on Sycom

SYCIVC - Investec Warrants - Declared distribution announcement on Sycom        
Property Fund Managers Limited (SYC) variable strike warrant                    
INVESTEC WARRANTS                                                               
JSE SHARE CODE:  SYCIVC                                                         
JSE ISIN CODE:   ZAE000138228                                                   
DECLARED DISTRIBUTION ANNOUNCEMENT ON SYCOM PROPERTY FUND MANAGERS LIMITED (SYC)
VARIABLE STRIKE WARRANT- SYCIVC                                                 
Investec Variable Strike Warrants:  Adjustment to the Exercise Price as of 25   
June 2012                                                                       
Share          Adjusted      Expiry  Cover      Call  Style  JSE Code           
              Exercise      Date    Ratio      /Put                             
Price per                                                         

              Share                                                             
                                                                                
SYCOM          R6.63         24/07/  1:1        Call  Europ  SYCIVC             
PROPERTY                     2019                     ean    ZAE0001382         
FUND                                                         28                 
MANAGERS                                                                        
LIMITED                                                                         
As a result of the Recalculation based on a Distribution an adjustment has been 
made to the exercise price of the above-mentioned Variable Strike warrants.     
This adjustment will be effective from 25 June 2012.  The warrant is exercisable
only in accordance with the terms and conditions as set out in the relevant     
offering circular.                                                              
Copies of the offering circular may be obtained from:                           
    Investec Bank Limited                                                       
    100 Grayston Drive                                                          
Sandown                                                                     
    Sandton                                                                     
    2196                                                                        
For further information contact:                                                
Investec Warrants                                                           
    Tel.: 0860 103 343                                                          
    E-mail: warrants@investec.co.za                                             
    Internet: www.investecwarrants.com                                          
Sponsor                                                                         
    Investec Securities Limited                                                 
    Member of the JSE                                                           
    Registration number. 1972/008905/06)                                        
Date: 25/06/2012 17:00:06 Supplied by www.sharenet.co.za                     
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