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Fri 23 Nov 2001, 0:00 Rand Leases Properties Limited - Dealings In Secur
("Rand Leases")
Share code: RPR ISIN: ZAE000028254
In compliance with rule 3.72 - 3.75 of the Listings Requirements of the JSE
Securities Exchange South Africa, the following information is disclosed:
Director                           : Mr P Rama
Date forward  purchase
agreement entered into             : 19 November 2001
Date of delivery                   : 15 March 2002
Price per unit                     : 160 cents
Number of shares                   : 585 950
Nature of transaction              : Forward Purchase
Extent of interest                 : Directly beneficial
Director                           : Mr G Fischer
Date forward  purchase agreement
entered into                       : 19 November 2001
Date of delivery                   : 15 March 2002
Price per unit                     : 160 cents
Number of shares                   : 1 000 000
Nature of transaction              : Forward Purchase
Extent of interest                 : Directly beneficial
Messrs Fischer and Rama will be participating in the vendor consideration
placing in respect of the Rand Leases linked units to be issued in
consideration for the Acquisitions as outlined in the circular to linked
unit holders of Rand Leases dated 6 September 2001, which linked units will
be issued on 15 March 2002.
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