SA CORPORATE REAL ESTATE FUND - Proposed internalisation of the management of SA Corporate and cautionary announcement

Proposed internalisation of the management of SA Corporate and cautionary announcement

SA Corporate Real Estate Fund
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 Fund Managers")
Share Code: SAC ISIN Code: ZAE000083614
("SA Corporate" or "the Fund")


PROPOSED INTERNALISATION OF THE MANAGEMENT OF SA CORPORATE AND CAUTIONARY
ANNOUNCEMENT

Unitholders are advised that SA Corporate Fund Managers has entered into exclusive discussions with Old Mutual
Property Proprietary Limited regarding the possible internalisation of the management of the Fund, which, if
successfully concluded, may have an effect on the price of the Fund’s units. Accordingly, unitholders are advised to
exercise caution when trading in the Fund’s units until a further announcement has been made.

Cape Town
22 February 2013

Investment Bank
Investec Corporate Finance

Sponsor
Nedbank Capital

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