No change statement and notice of annual general meeting SYNERGY INCOME FUND LIMITED (Incorporated in the Republic of South Africa) (Registration number 2007/032604/06) JSE share code: SGA ISIN: ZAE000202883 JSE share code: SGB ISIN: ZAE000202891 (Approved as a REIT by the JSE) (“Synergy” or “the Company”) NO CHANGE STATEMENT AND NOTICE OF ANNUAL GENERAL MEETING Shareholders are advised that Synergy’s integrated annual report, incorporating the audited financial results for the year ended 31 March 2016, was dispatched to shareholders on Thursday, 30 June 2016, and contains no changes from the summarised audited financial results for the year ended 31 March 2016 which were released on SENS on 19 May 2015. The integrated annual report contains a notice of annual general meeting for Synergy, which will be held at One-on-Ninth, Corner Glenhove Road and Ninth Street, Melrose Estate on Wednesday, 17 August 2016 at 08h00. The last day to trade in order to be eligible to participate in and vote at the annual general meeting is Monday, 8 August 2016 and the record date for voting purposes is Friday, 12 August 2016. The integrated annual report is also available on the Company’s website – www.synergyincomefund.com. 30 June 2016 Sponsor Java Capital Date: 30/06/2016 05:38:00 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.