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Mon 7 Jan 2002, 0:00 Paramount Property Fund Limited - Directors Dealin
In compliance with rule 3.72 to 3.75 of the JSE Listings Requirements, the
following should be noted:
Director                             :  Herman Coertze
Class of security                    :  Linked units
Director's interest in transaction   :  Indirect beneficial
Date                Nature of      Number of               Price (cpu)
                    Transaction    linked Units
13 December 2001    Sale           4,500                   536
17 December 2001    Sale           15,000                  537
20 December 2001    Sale           15,490                  540
21 December 2001    Sale           202,876                 530
end
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