SYNERGY INCOME FUND LIMITED - Update regarding the transfer of the Setsing Crescent and Gugulethu Square Shopping Centres

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")


UPDATE REGARDING THE TRANSFER OF THE SETSING CRESCENT 
AND GUGULETHU SQUARE SHOPPING CENTRES


Unitholders are referred to the announcement released on SENS on 6 June 2012 regarding transfer of the
Setsing Crescent Shopping Centre and the Gugulethu Square Shopping Centre, and are advised that
registration of transfer of the properties took place on the dates mentioned below:

-    Setsing Crescent on 23 August 2012
-    Gugulethu Square on 30 August 2012


Synergy's combined property portfolio now comprises 14 properties with a market value of approximately
R1.7 billion.

30 August 2012

www.synergyincomefund.com

Corporate advisor and sponsor
Java Capital

Date: 30/08/2012 03:39:00 Supplied by www.sharenet.co.za                     
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