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Wed 16 Apr 2008, 17:00 ACP / SYC - Acucap / Sycom - Renewal of cautionary
ACP   SYC
 ACP                                                                             
ACP / SYC - Acucap / Sycom - Renewal of cautionary announcement                 
Acucap Properties Limited                                                       
("Acucap")                                                                      
(Registration No. 2001/021725/06)                                               
Share Code: ACP                                                                 
ISIN Code: ZAE000037651                                                         
Sycom Property Fund                                                             
("Sycom")                                                                       
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002 and managed by Sycom Property    
Fund Managers Limited                                                           
(Registration number: 1986/002756/06)                                           
JSE Share code: SYC                                                             
ISIN: ZAE000019303                                                              
Renewal of cautionary announcement                                              
Further to the renewal of cautionary announcement dated 4 March 2008, linked    
unitholders are advised that the financial effects of the proposed acquisition  
of 35.8 million units in Sycom to Acucap and the proposed acquisition of 50% of 
Parkdev (Proprietary) Limited shares in Sycom Property Fund Managers Limited,   
jointly referred to as "the acquisitions", cannot be presented yet as the       
funding structure for the acquisitions is still in the process of being         
finalised.                                                                      
Accordingly, Acucap linked unitholders are advised to continue exercising       
caution when dealing in Acucap securities until a further announcement is made. 
Johannesburg                                                                    
16 April 2008                                                                   
Transactional sponsor to Acucap                                                 
KPMG Services (Proprietary) Limited                                             
Sponsor to Acucap                                                               
Java Capital (Proprietary) Limited                                              
Corporate advisor and sponsor to Sycom                                          
Nedbank Capital                                                                 
Legal advisor                                                                   
Edward Nathan Sonnenbergs Inc                                                   
Competition advisor                                                             
Vani Chetty Competition Law                                                     
Date: 16/04/2008 17:00:01 Produced by the JSE SENS Department.                  
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