Acquisition Completion

The MedicX Fund Limited
13 July 2007


For immediate release                                               13 July 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 the initial rent has
been agreed at £377,000 for its development at West Allington Medical Centre,
Bridport, which completed in May.  DTZ Debenham Tie Leung, valuers to the MedicX
Fund, had valued the property at £6.675 million net of 5.75% purchaser costs
based on an estimated annual rent of £375,750 per annum.

The property portfolio now comprises 39 properties: 35 Ordinary Share properties
(including the West Allington Medical Centre) of which three are under
construction, and 4 C Share properties, of which one is under construction.

                                      End




For further information please contact:


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

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




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