Acquisition Completion

The MedicX Fund Limited
18 May 2007


For immediate release                                                18 May 2007



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

                   Withymoor Property Acquisition Completion



MedicX Fund (LSE: MXF), the specialist investor in modern purpose built primary
healthcare properties, is today pleased to announce that it has completed the
development of its Withymoor, West Midlands, Medical Centre and that the general
practice rent has now commenced, with the pharmacy rent commencing on 28 May
2007. The aggregate rent of the property is £122,408 per annum and the property
has been valued by DTZ Debenham Tie Leung, valuers to the MedicX Fund, at £2.4
million net of 5.75% purchaser costs.

Of the 13 properties originally acquired by the Fund as part of the initial
portfolio, 12 have now been completed and rented with the remaining property,
Rothwell, subject to a fixed price forward funding agreement with Primary Asset
Ltd, the development company of the MedicX Group. The Fund is earning licence
fee income during its development. The Rothwell property is on course to be
completed in November this year.


                                      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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