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Tue 12 Dec 2006, 12:16 RES - Resilient Property Income Fund Limited - Bro
RES
 RES                                                                             
RES - Resilient Property Income Fund Limited - Broad-Based BEE Transaction      
Resilient Property Income Fund Limited                                          
(Incorporated in the Republic of South Africa)                                  
Registration number 2002/016851/06                                              
Share code: RES & ISIN: ZAE000043642                                            
("Resilient")                                                                   
BROAD-BASED BEE TRANSACTION                                                     
On 23 June 2006 unitholders approved the issue of 10,810,811 Resilient units at 
R18.50, to Eagle`s Eye Investments (Pty) Ltd.  Shortly after this approval the  
company concluded a broad-based BEE equity transaction in line with the         
framework set out in the information circular to that meeting (see circular     
dated 8 June 2006).  Unitholders are now advised that all statutory requirements
relating to the conclusion of this BEE transaction have been complied with.     
Johannesburg                                                                    
12 December 2006                                                                
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 12/12/2006 12:16:11 Produced by the JSE SENS Department.
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