OASIS CRESCENT PROPERTY FUND - Voluntary announcement: New lease entered into for the Ridge@Shallcross

Voluntary announcement: New lease entered into for the Ridge@Shallcross

Oasis Crescent Property Fund
A property fund created under the Oasis Crescent Trust Scheme
registered in terms of the Collective Schemes Control Act
(Act 45 of 2002)
JSE code: OAS
ISIN: ZAE000074332
(“OCPF” or “the Fund”)

VOLUNTARY ANNOUNCEMENT: NEW LEASE ENTERED INTO FOR THE RIDGE @
SHALLCROSS

It is with great pleasure that the directors of Oasis Crescent
Property Fund Managers Limited, the manager of the Fund (“the
Manager”), hereby advise unitholders of the Fund that it has
entered into a lease agreement with McDonald’s South Africa
(“McDonald’s”) for a new build McDonald’s Restaurant, McCafe and
Drive-Thru to be constructed at The Ridge @ Shallcross, Kwa-Zulu
Natal (“the Lease”).   The Lease is for an initial lease period
of 10 years with the option for two further 10 year renewal
periods.

It is anticipated that construction of the new McDonald’s site
will commence during the latter part of 2013 with operations
commencing in the first quarter of 2014.

The entering into of the Lease results in The Ridge @ Shallcross
further adding to its food offering, becoming the premium food
destination centre within the greater Chatsworth area. The
directors of the Manager welcome McDonald’s and wish them all
the best with their endeavours at The Ridge @ Shallcross.

Unitholders are advised that the entering into of the Lease does
not constitute a reportable transaction in terms of sections 9
and 13 of the Listings Requirements of the JSE Limited and
accordingly, this announcement has been made in the interest of
transparency.

13 August 2013
Cape Town
Designated adviser
PSG Capital (Pty) Limited

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