FUND PRICES:

Catalyst SA Property Equity Fund:                    29 July 2010

R 2.0632

Catalyst Global Real Estate Fund

29 July 2010

USD$ 1.0843

Catalyst Global Real Estate Feeder Fund ⁽¹⁾

29 July 2010

R1.3744

Note 1:The underlying fund is the Catalyst Global Real Estate Fund.