SYCOM PROPERTY FUND - Change in Trustee

Change in Trustee

Sycom Property Fund
(“Sycom” or “the Fund”)
A Collective Investment Scheme in property registered in terms of the
Collective Investment Schemes Control Act, No. 45 of 2002 and managed by
Sycom Property Fund Managers Limited (Registration number
1986/002756/06)
JSE Share code: SYC
ISIN: ZAE000019303

CHANGE IN TRUSTEE

Sycom unitholders are advised that the Registrar of Collective Investment
Schemes has approved the appointment of Firstrand Bank Limited
(Registration number: 1929/001225/06) (“Firstrand Bank”) as trustee to
Sycom with effect from 16 November 2012. Firstrand Bank replaces ABSA
Bank Limited as trustee.

Sycom expresses its thanks to ABSA Bank Limited for its services during its
period of office as trustee, and also welcomes Firstrand Bank as the new
trustee to Sycom.


Cape Town
26 November 2012

Sponsor
Nedbank Capital

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