FOUNTAINHEAD PROPERTY TRUST - Resignation of director

Resignation of director

Fountainhead Property Trust
A Collective Investment Scheme in property registered in terms of the
Collective Investment Schemes Control Act, No.45 of 2002 and managed
by Fountainhead Property Trust Management Limited
(Registration number 1983/003324/06)
Share code: FPT
ISIN code: ZAE000097416
("Fountainhead")

RESIGNATION OF DIRECTOR

Unitholders are referred to the announcement dated 7 September 2012
relating   to  the   appointment   of   Chief  Executive Officer of
Fountainhead.   In this announcement it was mentioned that Mr Anton
Raubenheimer intends resigning from the board of directors of
Fountainhead (“the Board”) by the end of September 2012, subject to
approval by the Financial Services Board (“FSB”).

Unitholders are accordingly advised that the FSB has approved the
resignation of Mr Raubenheimer, effective 30 September 2012.

The Board wishes to thank him for his valuable contribution during his
tenure with Fountainhead


Johannesburg
3 October 2012

Sponsor
The Standard Bank of South Africa Limited

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