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Thu 22 Jun 2006, 16:02 Fairvest Property Holdings Limited - Trading State
FVT
 FVT                                                                             
Fairvest Property Holdings Limited - Trading Statement                          
FAIRVEST PROPERTY HOLDINGS LIMITED                                              
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1998/005011/06)                                               
("Fairvest" or "the company")                                                   
Share code: FVT & ISIN: ZAE000034658                                            
TRADING STATEMENT                                                               
Fairvest linked unitholders are advised that it is expected that the unaudited  
results of Fairvest for the 6-month interim period ended 31 March 2006 will     
reflect the following deviations from the results for the previous comparative  
period:                                                                         
an improvement of between 28% and 38% in respect of headline earnings per linked
unit as required in terms of GAAP; and                                          
a decrease of approximately 10 to 20% in respect of headline earnings per linked
unit as revised for the fair value adjustment against debentures.               
The financial information on which this trading statement is based, has not been
audited or reviewed by Fairvest"s auditors and is expected to be announced on or
about 26 June 2006.                                                             
22 June 2006                                                                    
Sponsor                                                                         
Merchant Sponsors (Pty) Limited                                                 
Date: 22/06/2006 04:02:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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