SYNERGY INCOME FUND LIMITED - Changes to the board of directors

Changes to the board of directors

SYNERGY INCOME FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2007/032604/06)
JSE share code: SGA     ISIN: ZAE000161550
JSE share code: SGB     ISIN: ZAE000162293
(“Synergy” or the “Company”)


CHANGE TO THE BOARD OF DIRECTORS

In compliance with paragraph 3.59 of the JSE Listings Requirements Synergy hereby advises
unitholders that Mandy Ramsden has resigned from the Board of Directors of Synergy (“the Board”)
with immediate effect.

The Board wishes to thank Mandy for her valuable contribution as an Independent Non-Executive
Director and Chairman of the Audit and Risk Committee of the Company.

The appointment of the new Chairman of the Audit and Risk Committee will be announced in due
course.

4 August 2014


Sponsor
Java Capital

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