Notice of AGM and no change statement INVESTEC PROPERTY FUND LIMITED (Incorporated in the Republic of South Africa) (Reg. No: 2008/011366/06) Approved as a REIT by the JSE Share Code: IPF ISIN: ZAE000155099 ("Investec Property Fund" or "the Fund") NOTICE OF ANNUAL GENERAL MEETING OF INVESTEC PROPERTY FUND LIMITED, ISSUE OF THE 2013 ANNUAL REPORT AND NO CHANGE STATEMENT i) The Annual General Meeting of Investec Property Fund Limited will be held at 09h30 on Friday, 16 August 2013, in the 4th Floor Boardroom at Investec Bank Ltd, 100 Grayston Drive Sandown, Sandton 2196. a. The record date on which linked unitholders must be registered in the Fund's linked unitholders register in order to attend, participate and vote at the annual general meeting is Friday, 2 August 2013. b. The last day to trade in order to be entitled to vote at the annual general meeting will therefore be Friday, 26 July 2013. ii) The Investec Property Fund’s 2013 Annual Report for the year ended 31 March 2013 and Notice of the Annual General Meeting has been issued and posted to linked unitholders today, 28 June 2013 and is available on the Fund’s website at www.investecpropertyfund.com. iii) Linked unitholders are advised that there are no modifications to the financial results for the year ended 31 March 2013 for Investec Property Fund, as published on 23 May 2013. iv) The unqualified Audit Report by Ernst and Young Inc is available for inspection at the registered offices of Investec Property Fund until the Annual General Meeting has commenced. Investec Property Fund Johannesburg 28 June 2013 Sponsor: Investec Bank Limited Date: 28/06/2013 02:59:00 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.