SA CORPORATE REAL ESTATE FUND - Dealing in securities by a director

Dealing in securities by a director

SA Corporate Real Estate Fund
(Incorporated in the Republic of South Africa)
Share Code: SAC     ISIN Code: ZAE000083614
A Collective Investment Scheme in property registered in
terms of the Collective Investment Schemes Control Act,
No. 45 of 2002 and managed by SA Corporate Real Estate
Fund Managers Limited
(Registration number 1994/009895/06)
("SA Corporate")

DEALING IN SECURITIES BY A DIRECTOR

In terms of paragraph 3.63 - 3.74 of the JSE Limited
Listings Requirements, the following information relating
to the dealing in securities by a director is disclosed:

Director                  Mr K J Forbes
Class of securities       Units
Transaction date          1 November 2012
Price per security        R3.57 per unit
Number of securities      50 000
Total value               R178 500
Nature of transaction     Purchase of units on the open
                          market
Extent of interest        Direct beneficial
Written clearance to
deal received:            Yes


Cape Town
1 November 2012

Investment bank and Sponsor
Nedbank Capital

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