Sharenet Sites 
Sharenet Sites
Update in respect of the acquisition of the airport land property
EQUITES PROPERTY FUND LIMITED
(formerly VB Transport (Proprietary) Limited)
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE share code: EQU ISIN: ZAE000188843
(Approved as a REIT by the JSE)
(“Equites”)
UPDATE IN RESPECT OF THE ACQUISITION OF THE AIRPORT LAND PROPERTY
Shareholders are referred to the announcements released on SENS on 25 February 2015, 26 March 2015 and 28 April 2015
relating to the acquisition by Equites of the airport land property from Dormell Properties 575 Proprietary Limited (“the
transaction”). In the announcement dated 28 April 2015, shareholders were advised that the transaction was approved by the
requisite majority of votes and that the transaction was subject to the conclusion of an infrastructural services contract between
Equites and CSV Construction Proprietary Limited (“CSV Construction”).
Shareholders are hereby advised that the board of directors of Equites has not approved the infrastructural services agreement
between Equites and CSV Construction, as the costs negatively impacted on the feasibility of potential developments on the land.
This condition precedent has therefore not been fulfilled and, as a result, the transaction will not proceed.
4 June 2015
Corporate advisor and sponsor
Java Capital
Date: 04/06/2015 09:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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