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Tue 28 May 2002, 0:00 Hyprop/ Cenprop - Renewal Of Joint Cautionary Anno
Hyprop/ Cenprop - Renewal Of Joint Cautionary Announcement                      
HYPROP INVESTMENTS LIMITED       CENTRECITY PROPERTY FUND                       
(Incorporated in the Republic                                                   
of South Africa)                                                                
(Registration number -           (Share code - CEN)                             
1987/005284/06)                  (ISIN Number - ZAE000001335)                   
(Share Code - HYP)               ("Cenprop")                                    
(ISIN Number - ZAE000003437)                                                    
("Hyprop")                                                                      
RENEWAL OF JOINT CAUTIONARY ANNOUNCEMENT                                        
Corpcapital Corporate Finance and Sasfin Bank Limited are authorised to         
announce that, further to the cautionary announcement published on 11 April     
2002, Hyprop and Cenprop are still involved in negotiations which, if           
successfully concluded, could have an effect on the price of their              
respective units.                                                               
Hyprop and Cenprop unit holders are accordingly advised to continue to          
exercise caution when dealing in their units until such time as a further       
announcement is made.                                                           
Johannesburg                                                                    
28 May 2002                                                                     
Sponsor to Hyprop                   Sponsor to Cenprop                          
Corpcapital Corporate Finance       Sasfin Bank Limited                         
(a sponsor registered with the JSE  (a sponsor registered with the JSE          
Securities                          Securities                                  
Exchange South Africa)              Exchange South Africa)                      
Date: 28/05/2002 11:15:12 AM Produced by the SENS Department                    


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