CONTACT: +27 82 332 6079 OR EMAIL [email protected] OR FAX YOUR LETTER OF INTENT TO 0866926715

GOING CONCERNS:

1)     Magaliesburg � lock, stock and barrel. Guest House � restored/revamped Old Farmhouse from Anglo Boer War, swimming Pool, 4 semi detached cottages. Selling Price R4 121,800m

2)     Cape Town � Mowbray � consists of 3 shops, 7 flats and 6 parking, 3 garages and maid quarters - convert to 20 apartments & 22 parking bays. Zoning R5 and B1, land size 906m�, Annual rates R10, 936.33, monthly income R25,337.32. Good development potential. No problem to obtain full commercial rights in order to obtain 100% coverage. Selling Price R5.232m.

3)     George -  <37 Offices , erf 20,000sqm, Lettable Area 2,393sqm, Yield 9.4%, Anchor Tenants = CAN, ABSA and Metropolitan. Selling Price R12 588 million.

4)     Parklands � Cape Town � Good income producing shopping centre, 33 tenants, 130 parking bays, 14 erven totaling 8602sqm, zoned retail/comm, yield 10%. Selling Price R24.508million.

5)     Cape Town � Hout Bay- Hotel, 2x Restaurants and Liquor Store

(R4 and C1) set on 5115m�, located on beach front, north facing, good reputation for finest foods, high on the list of Cape tourist attractions. Selling Price

R47 623million.

6)     Western Cape � Stellenbosch � Nationally and Internationally

Recognized exporting farms, full disclosure of documents, full inventories etc., sellers can stay on for 3 years to hand over businesses at a negotiated salary per month. Selling Price R660m.

7)     Port Elizabeth � Walmer � Under Construction � New lifestyle centre, 90 shops in total, with Checkers, Planet fitness, Mr. Price Home etc., as anchor tenants. GLA shops 22578sqm, offices 3053, Nett projected income/pa R30,426,855.00. Selling Price R412 180million.

Industrial/Commercial Properties:

1)    Cape Town - Khayelitsha � Total land size for Retail development 4165m�, total land size for Petrol Station 998m�. Selling Price R3.9million.

2)    Strand � central � 5934sqm � zoning complete, put up 84 flats, 65sqm per unit, 3 Storeys. Selling Price R6 238 million.

3)    Helderberg � Strand CBD � Invest or purchase whole proposed residential tower block � 12 floors, 8 units per floor ranging from 70-75m�, priced between R1,350,000 and R1,450,000, parking 1,5 bays per unit (secured) Selling Price R15.855million.

4)    Cape Town � Near Technicon � Existing Building, 5 storeys with no internal walls, lift, revamp to student accommodation, - zoned C1 � General Commercial - includes vacant erf across the road. 5 minutes from Parliament. Selling Price R17 824million.

5)     Cape Town � Woodstock � Zoned C2 and C3, erf 2000sqm, GLA 3,850sqm, Bulk factor 3.7 (3,500sqm avail to develop) Selling Price R17 824 million.

6)     Atlantis � Factory � 25 057 sqm situated on 6.3 hectares. Selling Price R24 168 million.

7)     Saldanha Industrial Property � extent 70.8 hectares. Zoned light/heavy. Selling Price R33 824 million.

8)    Kimberley � DIAMOND MINE � not operating at this point. Situated on 450 hectares, office block, 7 official houses, and compound for 150 workers, liquor outlet, Eskom substation, main shaft 150 meters, 36% has been worked. Selling Price R63 084 million.

9)    Cape Town � Sea Point � Building Only incl of fittings and fixtures staff uniforms etc� 8 floors, 143 rooms, 2 restaurants, 40 parking bays, conference room (can be� into 3) Selling Price R211.4 million.

Residential Developments:

1)     Kwazulu Natal � Durban � An award winning estate, just over 1.7ha in size, is located close to Fish Eagle lake, the location of the site lends itself more to the natural lake and forests surrounding it. Near Ballito Bay , sell off or build individual homes of 26 units on land of �600m�/site. This is the first phase where nearly all the infrastructure, clubhouse, pools etc are already in place. Selling Price R6.6million (which works out to R254k/site, as opposed to freehold sites that start at R450m).

2)     Somerset West -  two storey building with 295sqm commercial component and 14 apartments with lock up garages and 9sqm storerooms. Common garden with braai facilities and nice views. Middle income Suburb. Building has been sectionalized and 1 apartment has been sold. Tenant Schedule available.Selling Price R8 595 million.

3)     Cape Town � Blue Downs-  JOINT VENTURE -15.127ha for low cost housing, currently zoned agriculture, but structural plan is earmarked residential, services can run from existing electrical points, average size of plots 250-350m�. Selling Price R8 596million.

4)     Strand � All zoning completed. Zoned Gen. Residence 1. 2160sqm, 28 units, 5 storeys. Selling Price R8 912million.

5)     Fresnaye � Cape Town � Convert current structure to 3 or 5 top class sectional title apartments with on site parking, options allow for 9 or 13 bedrooms. Consider the 2010 world cup and the Green-point stadium to be built less than 2 km away. Selling Price R13 750million.

6)     Cape Town � Sea Point � zoned and fully serviced land, just off beach road, for 12 typical floor apartments, 3 penthouses, and 45 basement parking garages. Should you require further information it will be given to you at a meeting with the developer. Selling Price R13.500million.

7)     Margate � Shelly Beach � Commerical area 950sqm, residential 3500sqm. 9 flats consisting of 3, 2 and 1 bedroom units,. All offices and flats are occupied. Selling Price14 704 million.

8)      Hartenbos � River Park � Purchase 50% in this development of 196 residential sectional title units. 4.48 hectares, height 3 storeys. Selling Price R32 138m.

9)      Gordon�s Bay � Residential Development for 3 buildings (3 storeys) of 134 units, there are a number of pre-sales, marketing is underway, 56 pre-sales set aside for investors. Perimeter walls and guard house already built. Selling Price R15 855million.

10) Western Province� Swellendam- land has been re-zoned but not yet

Serviced for 30 duplex�s, 27 old age homes, 35 houses plus 7 commercial erven. Selling Price R20 052million.

11) Western Province-Stilbaai- 44264m�, 32 residential erven proposed,

Average size per erf 638m�, average building footprint proposed 300m�, ROD was expected November 2006. Selling Price R22.300m.

12) Garden Route �George-124 units retirement village set on 4.1ha,

Re-zoning completed, Bulk for whole estate has been paid, bulk

Service levies per erf paid, security included, Care-net facility

Near by is interested in incorporation, close to Garden Route

Mall. Selling Price R31.434million.

13) Paarl � 16,0342 hectares � 118 erven � currently zoned commercial, rezoning application for residential approved by Municipality. Service Station zoning in place. Beautiful area, flowing river on property, right against the N1. Selling Price R48.825 million.

14) Knysna � Salt River � 50ha of which R.O.D. received for the development of 183 erven on 16 hectares. Selling Price R50 736million.

15) Stellenbosch � Prime property, 19 hectares, zoned Residential 1 and 11. Presales and marketing area already in place. Work has already commenced with a team of professionals. Selling Price R55 700 million.

16)  Bloemfontein � 82 hectares, 4,5km from CBD, Current zoning � Residential development, site consists of 1104 erven, size 371-560sqm each, close to new regional shopping centre. Selling Price R55 700 million

17) Garden Route �Mossel Bay- proposed development of 7 erven

For 30 penthouses, 154 luxury apartments, 161 compact apartments.

Unzoned Selling Price R55million, Zoned Selling Price R72.4million.

18) Cape Town � Brackenfell South � 22.7466 hectares, currently zoned agriculture,

Application is pending (at municipality) for re-zoning and sub-division of

The site. Selling Price R66 milllion.

19) Cape Town � CBD � size 7026m�, zoned B2, bulk 3.7, 7 storey�s,

140 bachelors, 208 1-bedrooms and 60-2bedrooms. 2kms from Cape

Town Station, there is a real demand for student and residential

Accommodation. The current status of the development is that we

Are awaiting final approval from Province which has already been

Granted by local Council. Selling Price R71 296million.

20) Garden Route � Port Elizabeth � 42 hectares, subdivision for 457

Plots approved, intended as a 3 phase step development of plot

And plan (�800m�), EIA favourable, water, electricity, roads and

Subdivision approved. Sewerage at developers costs � NMMM 5

To refund after two years. Selling Price R83 550million.

21) Cape Gate � Cape Town � total erven 47,6731ha of which 27,896ha  is already zoned for residential, 150 single units, 257 group units and 276 sectional units, and a further 19,182ha not zoned. Selling Price R220million.

22)  Cape Gate � Cape Town � 87,6213ha zoned residential. R5mil deposit. Selling Price R223million.

23)  Port Elizabeth - Jeffriesbaai � 778 opportunities. 232 Residential zone 1, 168 Residential zone 11, 181 Residential zone 111 (retirement village), 34 Residential zone 111 (Duplex Units) 131 Residential zone 1V, 32 Business zone 11. There is a team of professionals busy finalizing all relevant development approvals i.e. R.O.D. rezoning of land, EIA and TIA. Selling Price R110 million.

24)  Brakpan � Dalpark � 464 hectares, 1964 erven in zoning application, team of professionals already working on this development. Take Over from Seller. Selling Price R335million.

25)  Durban North � 923 hectares of which 700 hectares to be developed. 8kms of river frontage, sea views, 35 minutes away from new airport, 1 hour from Durban, R7 billion project. 10-15 year project. Selling Price R401million with ROD approvals. (various options also available)

26) Kwazulu Natal � North Coast -700 hectares, 10 minutes from airport, 7 minutes

Drive to beach, phase 1 has commenced. Fully zoned residential/ commercial/industrial, 3000 residential, shopping centre, medical suites etc., Selling Price R850 million.