ACCELERATE PROPERTY FUND LTD - APF01-Partial Capital Redemption

APF01-Partial Capital Redemption

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
ISIN: ZAG00120221
(“Accelerate”)

PARTIAL CAPITAL REDEMPTION

In accordance with the Terms and Conditions of Accelerate’s
R5,000,000,000 Domestic Medium Term Note Programme (the “DMTN”)
dated 9 September 2014, investors are herewith advised of the
partial capital redemption of the APF01 notes, effective 7 August
2015.


                Capital Redemption     Amount Outstanding
                Amount                 After Capital
                                       Redemption

APF01           R152 000 000.00        R264 000 000.00



5 August 2015

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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