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Thu 3 Apr 2008, 14:14 SAC - SA Corporate Real Estate Fund - Dealing In Securities By Directors
SAC
 SAC                                                                             
SAC - SA Corporate Real Estate Fund - Dealing In Securities By 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")                                                                
DEALING IN SECURITIES BY DIRECTORS                                              
In terms of paragraph 3.63 - 3.74 of the Listings Requirements of the JSE       
Limited, the following information, relating to the dealing in securities by    
directors of SA Corporate Fund Managers, is disclosed:                          
Director:                     B M Kodisang                                      
Transaction date:             2 April 2008                                      
Class of securities:          SA Corporate units                                
Strike price:                 R3.0752 per unit                                  
Number of securities:         619 304                                           
Total value:                  R1 904 483.66                                     
Extent of interest:           Indirect beneficial                               
Written clearance to deal     Yes                                               
Director:                     C J Ewin                                          
Transaction date:             2 April 2008                                      
Class of securities:          SA Corporate units                                
Strike price:                 R3.0752 per unit                                  
Number of securities:         500 931                                           
Total value:                  R1 540 463.01                                     
Extent of interest:           Indirect beneficial                               
Written clearance to deal:    Yes                                               
Director:                     R R Perkin                                        
Transaction date:             2 April 2008                                      
Class of securities:          SA Corporate units                                
Strike price:                 R3.0752 per unit                                  
Number of securities:         240 006                                           
Total value:                  R738 066.45                                       
Extent of interest:           Indirect beneficial                               
Written clearance to deal:    Yes                                               
Director:                     A P W Sparks                                      
Transaction date:             2 April 2008                                      
Class of securities:          SA Corporate units                                
Strike price:                 R3.0752 per unit                                  
Number of securities:         272 545                                           
Total value:                  R838 130.38                                       
Extent of interest:           Indirect beneficial                               
Written clearance to deal:    Yes                                               
Director:                     L C Tapping                                       
Transaction date:             2 April 2008                                      
Class of securities:          SA Corporate units                                
Strike price:                 R3.0752 per unit                                  
Number of securities:         173 946                                           
Total value:                  R534 918.74                                       
Extent of interest:           Indirect beneficial                               
Written clearance to deal:    Yes                                               
The dealings in securities relate to the acquisition of SA Corporate units by   
the Old Mutual Medium Term Incentive Scheme Trust ("the Scheme") of which the   
aforementioned directors of SA Corporate Fund Managers ("the directors") are    
beneficiaries. In terms of the Scheme, the directors will receive any income    
accruing to their indirect beneficial holding of SA Corporate units with        
immediate effect but will only be entitled to take ownership of the SA Corporate
units after three years, conditional upon them still being in the employ of Old 
Mutual Investment Group Property Investments (Pty) Limited, the parent company  
of SA Corporate Fund Managers, at that time.                                    
Durban                                                                          
3 April 2008                                                                    
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 03/04/2008 14:14:21 Produced by the JSE SENS Department.                  
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