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SYA
 SYA                                                                             
Siyathenga - Cautionary announcement                                            
Siyathenga Property Fund Limited                                                
(Registration Number 2004/00598/06)                                             
Share Code: SYA                                                                 
ISIN:  ZAE000069530                                                             
("Siyathenga" or "the company")                                                 
CAUTIONARY ANNOUNCEMENT                                                         
Holders of Siyathenga linked units ("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 linked units. Accordingly,      
linked unitholders are advised to exercise caution when dealing in the company"s
linked units until a further announcement is made.                              
Johannesburg                                                                    
15 November 2006                                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 15/11/2006 02:04:29 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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