VKE
VKE
Vukile Property Fund Limited - Results Of General Meeting
Vukile Property Fund Limited
(Incorporated in the Republic of South Africa)
Registration number 2002/027194/06
JSE code: VKE ISIN: ZAE000056370
("Vukile")
RESULTS OF GENERAL MEETING
Vukile unitholders are notified that at the general meeting held today, Friday,
31 March 2006, all the resolutions proposed thereat, relating to the offer by
Vukile to acquire the entire remaining issued capital of MICC Property Income
Fund Limited ("MICC") ("the offer") and the subsequent disposal of certain MICC
properties to ApexHi Properties Limited, were approved by the requisite majority
votes.
The offer closed on Friday, 24 March 2006, and as it was accepted by MICC
unitholders holding in excess of 90% of MICC"s issued capital, excluding Vukile,
Vukile invoked the provisions of section 440K of the Companies Act (Act 61 of
1973), as amended ("the 440K provisions"). The six-week expiry period for the
implementation of the 440K provisions ends on Friday, 28 April 2006, following
which Vukile will compulsorily acquire all the remaining issued linked units
from the MICC unitholders. MICC"s listing on the JSE Limited and the Namibian
Stock Exchange will then be terminated with effect from the commencement of
business on Friday, 5 May 2006.
Johannesburg
31 March 2006
Corporate advisor and Sponsor: Bridge Capital Services (Pty) Limited
Date: 31/03/2006 10:32:04 AM Produced by the JSE SENS Department
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