Holding(s) in Company

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:

South African Property Opportunities PLC

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):

3. Full name of person(s) subject to the notification obligation: iii

Lars Ernest Bader

4. Full name of shareholder(s) (if different from 3.):iv

5. Date of the transaction and date on which the threshold is crossed or reached: v

28/9/12

6. Date on which issuer notified:

01/10/12

7. Threshold(s) that is/are crossed or reached: vi, vii

7.00%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary (ISIN GB00B16GQJ90)

3720000

3720000

4591961

4591961 

0

7.36%

0.00%

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

Nominal

Delta

Total (A+B+C)

Number of voting rights

Percentage of voting rights

4591961

7.36%

Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:

A: Identity of the persons or legal entity subject to the notification obligation

Full name (including legal form of legal entities)

Lars Ernest Bader

Contact address (registered office for legal entities)

7642 Southwestern Blvd, Dallas TX 75225, U.S.A.

Phone number & email

001 512 630 2340 [email protected]

Other useful information (at least legal representative for legal persons)

B: Identity of the notifier, if applicable

Full name

Lars Ernest Bader

Contact address

7642 Southwestern Blvd, Dallas TX 75225, U.S.A.

Phone number & email

001 512 630 2340 [email protected]

Other useful information (e.g. functional relationship with the person or legal entity subject to the notification obligation)