INVESTEC AUSTRALIA PROPERTY FUND - Results of the distribution re-investment alternative

Results of the distribution re-investment alternative

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
Operated by Investec Property Limited (ACN 071 514 246; AFSL 290 909) (“Responsible Entity”)
Share code: IAP
ISIN: AU60INL00018
(“IAPF” or the “Fund”)



RESULTS OF DISTRIBUTION RE-INVESTMENT ALTERNATIVE




Unitholders are referred to the announcements released on the Stock Exchange News Service (“SENS”) on Thursday, 19 May 2016
and Friday, 27 May 2016 relating to the declaration and finalisation of the cash distribution of 52.18529 ZAR cents (post withholding
tax paid in Australia) per unit (“Cash Distribution”) and the election to re-invest this in return for new units (“Re-Investment
Alternative Units”).


Unitholders holding 258,717,265 units, or 82.8% of units qualifying to receive the distribution, elected to receive Re-Investment
Alternative Units, resulting in the issue of 9,818,121 new units, retaining R135.0 million (based on the issue price of R13.75 per unit)
in new equity for the Fund. Accordingly, an aggregate Cash Distribution of R28.1 million is payable today in respect of 53,824,111
units.


Distribution cheques in respect of certificated unitholders who elected to receive the Cash Distribution were posted today and unit
certificates in respect of certificated unitholders who elected to receive Re-Investment Alternative Units will be posted on
Wednesday, 15 June 2016 to certificated unitholders, at their own risk. The Central Securities Depository Participants or broker
custody accounts of dematerialised unitholders will be credited on Wednesday, 15 June 2016 with their new units, in line with the
settlement dates as indicated in the aforementioned SENS announcements.


Johannesburg
13 June 2016


Investment Bank and Sponsor
Investec Bank Limited

Date: 13/06/2016 12:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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