Administrator - Change of Address

South African Property Opportunities Plc ("the Company")

1 September 2010

Galileo Fund Services Limited (the "Administrator") - Change of address and registered office

The board of South African Opportunities plc (the "Company") announces that on 1 September 2010, the address and registered office of the Administrator has changed to:

Millennium House

46 Athol Street

Douglas

Isle of Man

IM1 1JB

All telephone, fax and email contact details remain unchanged.

Enquiries:

Matrix Corporate Capital LLP - NOMAD

Paul Fincham

Jonathan Becher +44 (0) 20 3206 7000

Galileo Fund Services Limited

Ian Dungate

Suzanne Jones +44 (0) 1624 692600