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Thu 1 Mar 2012, 15:51 SGA/SGB - Synergy Income Fund Limited - Changes to the board of directors
SGA   SGB
SIFL                                                                            
SGA/SGB - Synergy Income Fund Limited - Changes to the board of directors       
SYNERGY INCOME FUND LIMITED                                                     
(formerly Capital Land Retail Fund Limited)                                     
(Registration number 2007/032604/06)                                            
JSE share code for A linked units: SGA  ISIN Code:   ZAE000161550               
JSE share code for B linked units: SGB  ISIN Code:   ZAE000162293               
("Synergy" or "the company")                                                    
CHANGES TO THE BOARD OF DIRECTORS                                               
Holders of Synergy linked units are advised that, as disclosed in Synergy`s     
pre-listing statement issued on 30 November 2011, non-executive director        
Craig Coetzee has resigned from the board of Synergy with effect from 29        
February 2012.                                                                  
Craig is property head for the Spar Group and has served as a director of       
Synergy since its incorporation. Having now fulfilled his role in the           
assembly and listing of Synergy, he is stepping down from the board. Craig      
remains a member of the investment committee of Synergy.                        
The board thanks Craig for his valuable contribution to date and looks          
forward to continuing to work with him in future.                               
1 March 2012                                                                    
Sponsor                                                                         
Java Capital                                                                    
Date: 01/03/2012 15:51:04 Produced by the JSE SENS Department.                  
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