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Wed 19 Jan 2005, 17:06 WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT
MICC PROPERTY INCOME FUND LIMITED - WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT       
MICC PROPERTY INCOME FUND LIMITED                                               
(Formerly Clidet No.455 (Proprietary) Limited)                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/013404/06)                                            
(`MICC`)                                                                        
JSE Share code: MCP    NSX Share code: MCO                                      
ISIN: ZAE000050175                                                              
WITHDRAWAL OF CAUTIONARY ANNOUNCEMENT                                           
Unitholders are referred to the MICC cautionary announcements dated 7 September 
2004, 28 October 2004, 8 November 2004 and 10 November 2004, the ApexHi         
Properties Limited results announcement dated 10 January 2005 and the Vukile    
Property Fund Limited results announcement dated 17 January 2005.               
As the offers to unitholders are now closed, caution is no longer required to be
exercised when dealing in MICC`s securities.                                    
Johannesburg                                                                    
19 January 2005                                                                 
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
Namibian sponsor                                                                
Irwin, Jacobs, Greene (Pty) Ltd                                                 
Member of the NSX                                                               
Date: 19/01/2005 04:45:50 PM       
Produced by the JSE SENS Department                                             
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