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Mon 16 Aug 2010, 15:37 SYC - Sycom Property Fund - Change to the board of directors
SYC
SYC                                                                             
SYC - Sycom Property Fund - Change to the board of directors                    
Sycom Property Fund                                                             
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                                        
("Sycom")                                                                       
CHANGE TO THE BOARD OF DIRECTORS                                                
In accordance with Section 3.59 of the JSE Limited Listings Requirements in     
respect of a change to the board of directors, Sycom unitholders are advised    
that Mr Louis Norval, Mr Neno Haasbroek and Mrs Susjan Wentzel have resigned as 
directors of Sycom Property Fund Managers Limited ("SPFM"), the management      
company of Sycom, with effect from Monday, 16 August 2010. Their resignation    
follows the approval by the Competition Tribunal and the Financial Services     
Board of the acquisition by Acucap of Parkdev (Pty) Limited`s remaining 50%     
interest in SPFM.                                                               
The board of directors extends its sincere thanks to Louis, Neno and Susjan for 
their valuable contribution to Sycom over the last 4 years.                     
Cape Town                                                                       
16 August 2010                                                                  
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 16/08/2010 15:37:01 Produced by the JSE SENS Department.                  
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