SYNERGY INCOME FUND LIMITED - Cautionary announcement

Cautionary announcement

SYNERGY INCOME 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” or the “company”)

CAUTIONARY ANNOUNCEMENT


Synergy linked unitholders are advised that the company is in advanced negotiations in
relation to the acquisition of further properties with an aggregate value in excess of R300
million.

The acquisitions are still subject to the conclusion of binding agreements and, accordingly,
linked unitholders are advised to exercise caution when dealing in their Synergy securities
until further announcements are made.

18 April 2013

Sponsor

Java Capital

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