Three Acquisitions

The MedicX Fund Limited
02 March 2007


For immediate release                                             2nd March 2007


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


                        Three Further Acquisitions in UK


MedicX Fund, the specialist investor in modern purpose built primary healthcare
properties, which in November 2006 listed on the Official List of the London
Stock Exchange today announces that it has, via its subsidiary MedicX Properties
V Ltd, completed the acquisition of three completed let properties from Primary
Health Care Centres Limited for £3.25 million in cash. Two of the properties are
located close to Inverness and the other is in Norfolk. These represent the
Fund's first acquisitions in Scotland. The combined rental income of the
properties is £189,352 per annum and the properties have been valued by DTZ
Debenham Tie Leung, valuers to the MedicX Fund, at £3.46 million net of 5.75%
purchaser costs.

Since the time of the IPO Medicx Fund has acquired 39 properties. In line with
the strategy outlined at the time of the IPO Medicx Fund continues to expand its
geographical spread across the UK.


                                      Ends



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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