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Thu 24 May 2007, 14:26 SAC - SA Corporate Real Estate Fund - Changes to t
SAC
 SAC                                                                             
    SAC - SA Corporate Real Estate Fund - Changes to the board of directors     
    SA Corporate Real Estate Fund                                               
    (formerly Martprop Property Fund)                                           
(Incorporated in the Republic of South Africa)                              
    Share Code: SAC   ISIN Code: ZAE000083614                                   
                                                                                
    A Collective Investment Scheme in property registered in terms of the       
Collective Investment Schemes Control Act, No.  45 of 2002 and managed by   
    SA Corporate Real Estate Fund Managers Limited                              
    ("SA Corporate Fund Managers"}                                              
    (formerly Marriott Property Fund Managers Limited)                          
(Registration number 1994/009895/06)                                        
    ("SA Corporate")                                                            
                                                                                
    CHANGES TO THE BOARD OF DIRECTORS                                           
In compliance with rule 3.59 of the JSE Limited Listings Requirements, SA   
    Corporate unitholders are advised that:                                     
    L M Mojela, W J Swain, W C van der Vent and M M Ngcobo have been appointed  
    as non-executive directors to the board of SA Corporate Fund Managers, with 
G P Mthethwa and P Zagaretos being appointed as alternate directors of L M  
    Mojela and W C van der Vent respectively;                                   
    A P W Sparks has been appointed as an executive director to the board of SA 
    Corporate Fund Managers; and                                                
M I Wyndham and C S Young have resigned as non-executive directors to the   
    board of SA Corporate Fund Managers.                                        
    The above appointments and resignation are effective from 23 May 2007.      
    Durban                                                                      
24 May 2007                                                                 
                                                                                
    Investment bank and sponsor                                                 
    Nedbank Capital                                                             
Date: 24/05/2007 14:26:05 Produced by the JSE SENS Department.
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