South African Prop. - Wedgewood Transaction Closes London Stock Exchange
RNS Number : 3962C
South African Property Opps PLC
17 March 2014


South African Property Opportunities Plc (the  "Company")


Wedgewood Transaction Closes


The Board of Directors of South African Property Opportunities Plc is pleased to announce that the proceeds of ZAR 106 million of the Wedgewood portion of the Sandton sale have been received.  Having now received all of the proceeds from the Sandton sale, the Board expects to be able to announce a distribution in conjunction with the release of the Company's results at the end of this month.


For further information please contact

Paul Fincham                          +44 (0) 20 7886 2713

Robert Naylor                          +44 (0) 20 7886 2714

Panmure Gordon


Ian Dungate/David Parnell      + 44 (0) 1624 692600

Galileo Fund Services Limited





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