Results of unitholders annual general meeting and change to the board of directors SA Corporate Real Estate Fund (Incorporated in the Republic of South Africa) 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) Share Code: SAC ISIN Code: ZAE000083614 ("SA Corporate” or “the Fund”) REIT status approved Results of unitholders annual general meeting and change to the board of directors Results of unitholders annual general meeting SA Corporate unitholders are advised that, at the annual general meeting of SA Corporate on 15 May 2014, all the resolutions were passed by the requisite majority of unitholders present or represented by proxy, with the exception of ordinary resolution no. 6 to approve units for cash, which was withdrawn prior to the commencement of the annual general meeting. Change to the Board of Directors In compliance with rule 3.59 of the JSE Limited Listings Requirements, SA Corporate unitholders are advised that Mr Syed Mia has retired as director of the Fund with effect from the conclusion of the annual general meeting on 15 May 2014. The Board would like to thank him for his contribution during his tenure as director especially for his role as Chairman of the Investment Committee. Mr Ken Forbes was appointed as Acting Chairman of the Investment Committee. Cape Town 16 May 2014 Sponsor Nedbank Capital Date: 16/05/2014 12:45:00 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.