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Mon 31 Oct 2005, 12:28 Spearhead Property Holdings Limited - Results of G
Spearhead Property Holdings Limited - Results of General Meeting                
Spearhead Property Holdings Limited                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/005827/06)                                            
("Spearhead")                                                                   
Share code: SPE & ISIN: ZAE000019162                                            
RESULTS OF GENERAL MEETING                                                      
Unitholders are advised that at the general meeting held today, the ordinary    
resolution to approve the agreement entered into by Spearhead with Pier Place   
(Pty) Limited for the acquisition of Erf 170 Roggebaai in the Municipality of   
Cape Town (known as "Pier Place") was approved the requisite majority.  Approval
by the relevant Competition Authority for the acquisition has also been obtained
and transfer of the property into Spearhead"s name is expected to take place in 
December 2005.                                                                  
Cape Town                                                                       
31 October 2005                                                                 
Sponsor: Bridge Capital Services (Pty) Limited                                  
Date: 31/10/2005 12:28:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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