Change of Year End and Voluntarily Trading Update RESILIENT PROPERTY INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2002/016851/06) JSE share code: RES ISIN: ZAE000043642 (“Resilient”) CHANGE OF YEAR END AND VOLUNTARY TRADING UPDATE CHANGE OF YEAR END To facilitate the application of Real Estate Investment Trust (REIT) status to Resilient, Resilient’s financial year end will, with effect from 30 June 2013, change from 31 December to 30 June. The change in the financial year end will not affect Resilient’s distribution periods which will continue to be in respect of the six month periods ended 30 June and 31 December. To comply with paragraph 3.15 of the JSE Listings Requirements, Resilient will publish – - abridged audited results for the 6 months ending 30 June 2013 within three months of 30 June 2013; and - an integrated report and notice of annual general meeting (with audited financial statements for the 6 months ending 30 June 2013) within six months of 30 June 2013. VOLUNTARY TRADING UPDATE For information purposes only Linked unitholders are advised that for the six months ending 30 June 2013, Resilient anticipates that its distribution per linked unit will be approximately 12% higher than for the previous corresponding period. The growth in distribution is higher than previously guided by Resilient, at 10%, reflecting overall trading conditions including exchange rates which have been more favourable than as expected during the current period. The growth is based on the assumptions that a stable macro-economic environment will prevail, no major corporate failures will occur and that tenants will be able to absorb the recovery of rising utility costs. Budgeted rental income was based on contractual escalations and market related renewals. This forecast has not been audited or reviewed by Resilient’s auditors. 10 May 2013 Sponsor Javacapital Date: 10/05/2013 04:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.