SYNERGY INCOME FUND LIMITED - Dealing in securities by a director

Dealing in securities by a director

SYNERGY INCOME FUND LIMITED
(formerly Capital Land Retail Fund Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code for A linked units: SGA     ISIN: ZAE000161550
JSE share code for B linked units: SGB     ISIN: ZAE000162293
("Synergy"0)

DEALING IN SECURITIES BY A DIRECTOR

Linked unitholders are advised of the following information relating to the dealing in securities by a director
of Synergy.

Name of director:                                    Sean Segar
Transaction date:                                    17 September 2012
Class of securities:                                 B linked units
Price per security:                                  R6.46
Number of securities:                                15 000
Total value:                                         R96 900.00
Nature of transaction:                               On-market purchase
Nature and Extent of directors interest:             Direct beneficial
Clearance to deal received:                          Yes

19 September 2012


Sponsor

Java Capital

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