Return of Capital Payment

31 March 2014

South African Property Opportunities Plc

Return of Capital Payment

The Board of South African Property Opportunities Plc confirms that a return of capital of 9 pence per ordinary share will be paid, representing the cash proceeds available for distribution from the portfolio realisations to date.

Shareholders should take note of the following dates in respect of this return of capital payment:

Ex-dividend date: 9 April 2014

Record date: 11 April 2014

Payment date: 23 April 2014

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