Acquisition of New Site

The MedicX Fund Limited
10 August 2007


For immediate release                                            10 August 2007



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


                            Acquisition of New Site


MedicX Fund, (LSE: MXF, LSE: MXFC), the specialist investor in modern purpose
built primary healthcare properties, today announces that it has entered into a
forward funding agreement to acquire a medical centre at Edgware which is due to
be completed by December 2007.  The total acquisition cost of the property is
anticipated to be £3.276 million. The initial rental income of the property will
be £200,340 per annum and the property has been valued by DTZ Debenham Tie
Leung, valuers to the MedicX Fund, at £3.400 million.


This property forms part of the C share portfolio.  The total property portfolio
now comprises 42 properties: 35 Ordinary Share properties of which three are
under construction, and 7 C Share properties, of which three are under
construction.

                                      End





For further information please contact:

MedicX Fund                                                 [phone]
Alison Simpson, Director

MedicX Group                                                [phone]
Keith Maddin, Chairman
Mike Adams, Managing Director

Buchanan Communications                                     [phone]
Charles Ryland / Lisa Baderoon / Mary-Jane Johnson






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