This is an unique opportunity to acquire a property in an exclusive security estate situated inthe beautiful and picturesque Somerset West at the foot of the majestic HelderbergMountains, Western Cape, South Africa, only one hour's drive from Cape Town.

• Very Low Reservation Deposit of R15,000.00 is required to reserve a unit(payable on signature of the sales contract) R 10 000.00 Refunded on completion.
• Transfer is only expected in 8-12 months time
• Only 25 units in total to be released and developed
• No transfer costs are payable
• Based on conservative projection rates for this particular area, we believea growth of 20% on Purchase Price can be expected by date of transfer
• 100% bonds available to South African residence
• 90-100% bonds available to SA Citizens residing abroad
• 70-80% LTV bonds available to non SA Citizens (terms and conditionsapply)
• ortgage to be obtained within 45 working days as stipulated in theAgreement of sale.
• Situated in the picturesque Somerset West, Western Cape only 50 minutes drive fromCape Town's Central Business District.
• ocated in an area experiencing a tremendous growth rate in new residential andbusiness development. More and more businesses are expected to move their officesto the Somerset West area as it is so centrally positioned.
• Close to the highly successful Somerset Mall and several other smaller shoppingcentres.
• Also close to all local schools, medical care facilities and easy access to themotorways.
• Very centrally located to the rest of the stunning Western Cape. Close to thesurrounding countryside, Cape Town, Stellenbosch & Paarl wine regions, Cape TownInternational airport and the well known beaches of Strand and Gordon's Bay.

We expect the good capital growth rates in the property market to continue over the nextfew years, however at a lower rate than for 2005. However, this particular region inSomerset West, is highly sought after and it is our opinion that it is very unlikely that growthin this region will drop below 15% for the next 12 months.