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Thu 12 May 2011, 11:26 MIP - Merchant & Industrial Properties Limited - C
MIP - Merchant & Industrial Properties Limited - C 12 May 2011 
MIP   MMP
MIP                                                                             
MIP - Merchant & Industrial Properties Limited - Cautionary announcement        
Merchant & Industrial Properties Limited                                        
Share Code: MIP   ISIN: ZAE000102265                                            
("Merchant")                                                                    
Marshall Monteagle PLC                                                          
(Incorporated in Jersey - Registration No.102785)                               
Share Code: MMP   ISIN: JE00B5N88T08                                            
("Marshall")                                                                    
CAUTIONARY ANNOUNCEMENT                                                         
Merchant and Marshall ("both companies") shareholders are advised that both     
companies have entered into discussions which, if successfully concluded, may   
have a material effect on both companies share prices.  Accordingly             
shareholders of both companies are advised to exercise caution when dealing in  
their shares until a further announcement is made.                              
Durban                                                                          
12 May 2011                                                                     
Sponsor                                                                         
Sasfin Capital                                                                  
(A division of Sasfin Bank Limited)                                             
Date: 12/05/2011 11:19:01 Produced by the JSE SENS Department.                  
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