
| COMPANY NAME | Acucap Properties Limited (Registration No. 2001/021725/06) |
| CHAIRMAN OF THE BOARD | Prof Brian Kantor |
| BOARD OF DIRECTORS | BS Kantor, FM Berkeley, RC Frolich, N Mandindi, MS Moloko, CB Marlow, JH Rens, B Stevens, PA Theodosiou, NDC Whale |
| 7 (Independent non-executive) 3 (Executive) | |
| 10 | |
| CHAIRMAN OF AUDIT COMMITTEE | Frank Berkeley |
| CHAIRMAN OF REMUNERATION & INTEREST RATE COMMITTEES | Brian Kantor |
| CHAIRMAN OF THE INVESTMENT COMMITTEE | Rolf Frolich |
| MANAGING DIRECTOR | Paul Theodosiou |
| AVERAGE ATTENDANCE OF DIRECTORS' MEETINGS | 96.3% (2010: 92%) |
| DISTRIBUTION PER UNIT (CENTS) | 275.63 (2010: 259.26) |
| NUMBER OF INVESTMENT PROPERTIES | 35 (2010: 34) |
| PORTFOLIO GLA | 445 960 m2 (2010: 433 620 m2) |
| VALUATION | R6 450 million (2010: R5 500 million) |
| LINKED UNITS IN ISSUE | 171 647 528 (2010: 158 173 748) |
| NET ASSET VALUE PER LINKED UNIT | R30.54 (2010: R28.18) |
| MARKET CAPITALISATIONAT 31 MARCH 2011 | R5 905 million (2010: R5 212 million) |
| TRADE IN LINKED UNITS FOR THE YEAR | 25.4% of weighted average number of units in issue (2010: 25.2%) |
| UNIT PRICE (CENTS): OPENING | 3 295 |
| UNIT PRICE (CENTS): HIGH | 3 901 |
| UNIT PRICE (CENTS): LOW | 3 001 |
| UNIT PRICE (CENTS): CLOSING | 3 440 |
| BORROWINGS | R2 754 million (2010: R2 343 million) |
| WEIGHTED AVERAGE BORROWING COST | 9.01% (2010: 10.04%) |
| GEARING % | 34% (2010: 37%) |
| VACANCIES AS A PERCENTAGE OF GROSS LETTABLE AREA | 3.6% (2010: 4.3%) |
| LEASES BY INCOME HAVING EXPIRY DATES BEYOND 5 YEARS | 10.8% (2010: 10.7%) |
| CONTRIBUTION OF NATIONAL TENANT GROUP TO INCOME | 60% (2010: 60%) |