/SENS ANNOUNCEMENT 20 DECEMBER 2007

ACP

ACP - Acucap - Fulfilment of Condition Precedent to the Disposal of Non-core Atlas Properties

ACUCAP PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/021725/06)
Share code: ACP & ISIN: ZAE00003765

FULFILMENT OF CONDITION PRECEDENT TO THE DISPOSAL OF NON-CORE ATLAS PROPERTIES

Linked unitholders are referred to the SENS announcement released on SENS on 2 October 2007 and are advised that the Competition Commission has unconditionally approved the disposal by Acucap of the thirty five non-core Atlas properties to Blend Property Group (Proprietary) Limited.

Rosebank
20 December 2007

Corporate advisor and sponsor
Java Capital (Proprietary) Limited
 
Competition law advisor
Vani Chetty Competition Law (Proprietary) Limited