SA CORPORATE REAL ESTATE FUND - Voluntary announcement for the appointment of a new property manager

Voluntary announcement for the appointment of a new property manager

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")


VOLUNTARY ANNOUNCEMENT FOR THE APPOINTMENT OF A NEW PROPERTY MANAGER

Unitholders are advised that SA Corporate Fund Managers has appointed Broll Property Group as the property
manager for its entire portfolio with effect from 1 July 2013 when the contract with Old Mutual Property Proprietary
Limited expires. The estimated savings in property management fees will be in excess of 20%. This will translate into
an estimated growth in distribution in excess of 1% from the inception of the contract. This information has not been
reviewed or reported on by SA Corporate’s auditors.


Cape Town
22 April 2013


Sponsor
Nedbank Capital

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