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Wed 25 May 2011, 17:18 CPL - Capital - Changes to the Board of Directors of PFM
CPL
CPL                                                                             
CPL - Capital - Changes to the Board of Directors of PFM                        
Capital Property Fund                                                           
Share Code: CPL                                                                 
ISIN: ZAE000001731                                                              
("Capital")                                                                     
(A portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act, 
No 45 of 2002)                                                                  
Managed by Property Fund Managers Limited                                       
(Registration No. 1980/009531/06)                                               
("PFM")                                                                         
CHANGES TO THE BOARD OF DIRECTORS OF PFM                                        
Following the acquisition by Capital of all the linked units in Pangbourne      
Properties Limited ("Pangbourne"), as detailed in the circular issued on        
Thursday, 3 February 2011 and which transaction was implemented on or about     
Monday, 4 April 2011, the Registrar of Collective Investment Schemes has now    
approved the following appointments to the PFM board:                           
-    Iraj Abedian and Trurman Zuma (who were non-executive directors of         
    Pangbourne) have been appointed non-executive directors of PFM; and         
-    Barry Stuhler (who was the managing director of Pangbourne) has been       
    appointed as the managing director of PFM.                                  
Andrew Texeira, previously the managing director of PFM, remains an executive   
director. Rowland Chute, Jorge da Costa and Tracey Visser have resigned as      
directors.                                                                      
Inge Pick has been appointed as company secretary.                              
These changes are effective 25 May 2011.                                        
25 May 2011                                                                     
Sponsor                                                                         
Java Capital                                                                    
Date: 25/05/2011 17:18:01 Produced by the JSE SENS Department.                  
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