Announcement regarding resignation and appointment of company secretary and resignation of non-executive director INVESTEC AUSTRALIA PROPERTY FUND Incorporated and registered in Australia in terms of ASIC (ARSN 162 067 736) Registered in terms of the Collective Investment Schemes Control Act No. 45 of 2003 Share code: IAP ISIN: AU60INL00018 (“IAPF” or “the Fund”) Announcement regarding resignation and appointment of company secretary and resignation of non-executive director 1. Resignation and appointment of company secretary In terms of paragraph 3.59 of the JSE Limited Listing Requirements, unitholders are advised that: (a) Mr Paul Lam-Po-Tang will be appointed as company secretary of Investec Property Limited, the responsible entity of the Fund, with effect from 6 March 2014; and (b) Mr Anthony Rubin will resign as company secretary of Investec Property Limited, the responsible entity of the Fund, with effect from 7 March 2014. 2. Resignation of non-executive director In terms of paragraph 3.59 of the JSE Limited Listing Requirements, unitholders are advised that Mr David Gonski will resign as a non-executive director of Investec Property Limited, the responsible entity of the Fund, with effect from 31 March 2014. Mr Gonski has been appointed chairman of Australia and New Zealand Banking Group Limited, with effect from 1 May 2014. As such, Mr Gonski has decided to relinquish certain of his non-executive directorships. The board of Investec Property Limited, the responsible entity of the Fund, would like to thank Mr Gonski for his invaluable contribution to Investec Property Limited and the Fund and wishes him well in his future endeavours. Johannesburg 6 March 2014 Investment Bank and Sponsor Investec Corporate Finance Date: 06/03/2014 10:00:00 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.