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Tue 25 Nov 2008, 14:47 PTXSPY - Proptrax SAPY - Changes To The Board Of Directors Of PropTrax
JSE   PTXSPY
PTXSPY                                                                          
PTXSPY - Proptrax SAPY - Changes To The Board Of Directors Of PropTrax          
                             Managers                                           
PROPTRAX SAPY                                                                   
Share code: PTXSPY & ISIN: ZAE000101911                                         
A portfolio in the Property Index Tracker Collective Investment Scheme          
registered as such in terms of the Collective Investment Schemes Control Act,   
45 of 2002, managed by Property Index Tracker Managers (Proprietary) Limited    
("PropTrax Managers")                                                           
CHANGES TO THE BOARD OF DIRECTORS OF PROPTRAX MANAGERS                          
Investors are advised that, following the disposal by Madison Property Fund     
Managers Holdings Limited of its interest in PropTrax Managers, non-executive   
directors Janys Finn and Michael Flax, executive director Hayden Bamford and    
non-executive chairman Bernard Nackan have resigned from the board and          
Stephen Delport has been appointed to the board of directors of PropTrax        
Managers as an alternate non-executive director to Craig Hallowes, all with     
immediate effect.  Diversified Property Fund Limited now owns 100% of           
PropTrax Managers.                                                              
25 November 2008                                                                
Manager                                                                         
Property Index Tracker Managers (Proprietary) Limited                           
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 25/11/2008 14:47:01 Produced by the JSE SENS Department.                  
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