Acquisition Completion

The MedicX Fund Limited
08 August 2007


For immediate release                                              8 August 2007


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

                             Acquisition Completion

MedicX Fund, (LSE: MXF, LSE: MXFC), the specialist investor in modern purpose
built primary healthcare properties, today announces that it has completed the
acquisition of a medical centre at Istead Rise which was completed in June 2007
and entered into a forward funding agreement to acquire a medical centre at
Warwick which is due to be completed by April 2008.  The total acquisition cost
of the two properties is anticipated to be £4.215 million. The aggregate rent of
the two properties is £254,975 and DTZ Debenham Tie Leung, valuers to the MedicX
Fund, have valued the properties at £4.375 million net of 5.75% purchaser costs.

Both these properties form part of the C share portfolio.  The total property
portfolio now comprises 41 properties: 35 Ordinary Share properties of which
three are under construction, and 6 C Share properties, of which two 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

                      This information is provided by RNS
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