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Tue 12 Mar 2002, 0:00 Sa Retail - Change In Directorship
S A RETAIL PROPERTIES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1999/025764/06)                                            
("SA Retail" or "the Company")                                                  
 (Share Code: SRL     ISIN Code: ZAE000034326)                                  
CHANGE IN DIRECTORSHIP                                                          
In terms of section 3, paragraph 3.67 of the JSE Listings                       
Requirements, SA Retail advises shareholders of  the appointment                
of Mr Franz Rootman as director . Mr Franz Rootman will be                      
replacing Mr Rassie van Niekerk who resigned as director on 5                   
February 2002.                                                                  
Durban                                                                          
12 March 2002                                                                   
SPONSOR                                                                         
EXCHANGE SPONSORS (PTY) LIMITED                                                 
(Registration number: 1999/024433/07)
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