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Tue 9 Jul 2002, 0:00 Cenprop/ Hyprop - Renewal Of Joint Cautionary Anno
CENPROP/ HYPROP - RENEWAL OF JOINT CAUTIONARY ANNOUNCEMENT                      
HYPROP INVESTMENTS LIMITED           CENTRECITY PROPERTY FUND                   
(Incorporated in the Republic of                                                
South Africa)                        (Share Code - CEN)                         
(Registration number -               (ISIN Code  - ZAE000001335)                
1987/005284/06)                      ("Cenprop")                                
(Share Code - HYP)                                                              
(ISIN Code  - ZAE000003437)                                                     
("Hyprop")                                                                      
RENEWAL OF JOINT CAUTIONARY ANNOUNCEMENT                                        
Corpcapital Corporate Finance and Sasfin Bank Limited are authorised to announce
that, further to the cautionary announcements published on 11 April 2002 and 28 
May 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 a further announcement is made.       
Johannesburg                                                                    
9 July 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 Exchange South Africa)   Securities Exchange South Africa)           
Date: 09/07/2002 05:16:00 PM Produced by the JSE SENS Department                

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