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Tue 31 Jul 2007, 16:40 CBS - CBS Property Portfolio Limited - Dealing in
CBS
 CBS                                                                             
    CBS - CBS Property Portfolio Limited - Dealing in securities                
                                                                                
    CBS Property Portfolio Limited                                              
(Incorporated in the Republic of South Africa)                              
    (Registration number: 2003/009523/06)                                       
    Share code: CBS & ISIN: ZAE000073995                                        
    ("CBS")                                                                     

    Dealing in securities                                                       
                                                                                
    In compliance with the JSE Limited Listings Requirements, and as a          
consequence of the offer by Government Employees Pension Fund, as duly      
    represented by the Public Investment Corporation ("the Offer"), the         
    following sales of CBS linked units made by directors of CBS at R12 per CBS 
    linked unit on 27 July are disclosed:                                       
Director:                          GM Fisher                                
    Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              3 000 000                                
Total value of transaction:        R36 000 000                              
    Nature and extent of interest:     Indirect beneficial                      
    Clearance obtained:                Yes                                      
                                                                                
Director:                          SD Mackay                                
    Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              3 106 155                                
Total value of transaction:        R37 273 860                              
    Nature and extent of interest:     Indirect beneficial                      
    Clearance obtained:                Yes                                      
                                                                                
Director:                          D Greenberg                              
    Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              740 741                                  
Total value of transaction:        R8 888 892                               
    Nature and extent of interest:     Direct beneficial                        
    Number of securities:              2 773 150                                
    Total value of transaction:        R33 277 800                              
Nature and extent of interest:     Indirect beneficial                      
    Number of securities:              4 877 942                                
    Total value of transaction:        R58 535 304                              
    Nature and extent of interest:     Indirect non-beneficial                  
Clearance obtained:                Yes                                      
                                                                                
    Director:                          M Ettin                                  
    Class of securities:               Linked units                             
Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              1 505 129                                
    Total value of transaction:        R18 061 548                              
    Nature and extent of interest:     Direct beneficial                        
Number of securities:              381 195                                  
    Total value of transaction:        R4 574 340                               
    Nature and extent of interest:     Indirect beneficial                      
    Number of securities:              5 016 436                                
Total value of transaction:        R60 197 232                              
    Nature and extent of interest:     Indirect non-beneficial                  
    Clearance obtained:                Yes                                      
                                                                                
Director:                          IW Klerck                                
    Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              5 160 235                                
Total value of transaction:        R61 922 820                              
    Nature and extent of interest:     Indirect beneficial                      
    Clearance obtained:                Yes                                      
    Director:                          CJ Traub                                 
Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              505 270                                  
    Total value of transaction:        R6 063 240                               
Nature and extent of interest:     Indirect beneficial                      
    Clearance obtained:                Yes                                      
                                                                                
    Director:                          P Sulcas                                 
Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              240 000                                  
    Total value of transaction:        R2 880 000                               
Nature and extent of interest:     Direct beneficial                        
    Number of securities:              260 000                                  
    Total value of transaction:        R3 120 000                               
    Nature and extent of interest:     Indirect beneficial                      
Clearance obtained:                Yes                                      
                                                                                
    Director:                          E Loubser                                
    Class of securities:               Linked units                             
Nature of transaction:             Sale of securities in terms of the Offer 
    Number of securities:              125 000                                  
    Total value of transaction:        R1 500 000                               
    Nature and extent of interest:     Direct beneficial                        

    Director:                          J Molobela                               
    Class of securities:               Linked units                             
    Nature of transaction:             Sale of securities in terms of the Offer 
Number of securities:              900 877                                  
    Total value of transaction:        R10 810 524                              
    Nature and extent of interest:     Direct beneficial                        
                                                                                
Cape Town                                                                   
    31 July 2007                                                                
    Sponsor to CBS                                                              
    Investec Bank Limited                                                       
Date: 31/07/2007 16:40:42 Produced by the JSE SENS Department.
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