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Thu 31 May 2007, 11:37 GRY - Allan Gray Property Trust - Change of Direct
GRY
 GRY                                                                             
GRY - Allan Gray Property Trust - Change of Directors                           
Allan Gray Property Trust                                                       
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No 45 of 2002 and managed by Allan Gray Property
Trust Management Limited                                                        
(Registration number 1983/003324/06)                                            
Share code: GRY                                                                 
ISIN: ZAE000013165                                                              
("Grayprop")                                                                    
RESIGNATION OF DIRECTORS                                                        
In compliance with rule 3.59(b) of the Listings Requirements of the JSE Limited,
unitholders are advised that WJC Mitchell and GW Fury (alternate director to WJC
Mitchell), DM Nurek and DD Govender have resigned from the Board of Directors of
Allan Gray Property Trust Management Limited, the manager of Grayprop, with     
effect from Thursday, 31 May 2007.                                              
Cape Town                                                                       
31 May 2007                                                                     
Sponsor                                                                         
Standard Bank                                                                   
Date: 31/05/2007 11:37:00 Produced by the JSE SENS Department.
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