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Fri 24 Aug 2012, 7:33 ASCENSION PROPERTIES LIMITED - Cautionary announcement
AIA AIB 201208240005A
Cautionary announcement

ASCENSION PROPERTIES LIMITED
(formerly Grey Jade Trade and Invest 85 (Proprietary) Limited)
(Incorporated in the Republic of South Africa on 23 August 2006)
(Registration number 2006/026141/06)
A-Linked Units: JSE code: AIA    ISIN: ZAE000161881
B-Linked Units: JSE code: AIB    ISIN: ZAE000161899
(“the Company”)

CAUTIONARY ANNOUNCEMENT

Linked unitholders are advised that the Company has entered into
negotiations which, if successfully concluded, may have a material effect
on the price of the Company's securities. Accordingly, linked unitholders
are advised to exercise caution when dealing in the Company’s securities
until a further announcement is made.

24 August 2012

Corporate advisor and sponsor
Java Capital

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