Completion of Development

The MedicX Fund Limited
14 November 2007


For immediate release                                         14 November 2007


                              MedicX Fund Limited

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



                       Completion of Wollaton development



MedicX Fund, (LSE: MXF, LSE: MXFC), the specialist investor in modern purpose
built primary healthcare properties, today announces that it has completed the
development of its Wollaton Medical Centre, Nottinghamshire. The acquisition
cost is £2.95 million and the aggregate net rent of the property is £162,000 per
annum, generating a net initial yield of 5.5%.The property has been valued by
DTZ Debenham Tie Leung, valuers to the MedicX Fund at £2.93 million, net of
5.75% purchaser costs.


This property forms part of the Ordinary Share portfolio. The total property
portfolio now comprises 42 properties: 35 Ordinary Share properties of which two
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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