Acquisition Completion

The MedicX Fund Limited
26 January 2007


For immediate release                                            26 January 2007


                              MedicX Fund Limited
                  ('MedicX Fund', 'the Fund' or 'the Company')


                             Acquisition Completion


MedicX Fund, the specialist investor in modern purpose built primary healthcare
properties, which on 2 November 2006 listed on the Official List of the London
Stock Exchange today announces that it has completed, via its subsidiary MedicX
Properties I Ltd, its conditional purchase of Wisbech primary care centre from
NJ Arnold for £6.00 million.  The current rent of the property is £332,850 per
annum and has been valued by DTZ Debenham Tie Leung, valuers to the MedicX Fund
at £6.05 million net of 5.75% purchaser costs.  This completes the 12 properties
acquired from NJ Arnold and announced on 27 December 2006.


                                      End


For further information please contact:

MedicX Group                                                 [phone]

Keith Maddin, Chairman

Mike Adams, Managing Director


Buchanan Communications                                     [phone]

Charles Ryland / Lisa Baderoon / Mary-Jane Johnson


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