A-Prop - Dealings In Securities By Directors
ARNOLD PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2001/011887/06)
Share code ARP ISIN ZAE000031720
("A-Prop" or "the Company")
DEALINGS IN SECURITIES BY DIRECTORS
It was announced on SENS on 31 May 2002 that Redefine Income Fund Limited
("Redefine"), through its wholly owned subsidiary Outward Investments (Pty)
Limited, concluded a series of agreements with Solomon Brothers Property
Holdings (Pty) Limited for, inter alia, the acquisition of 20 million A-Prop
linked units. The agreements were subject to the fulfilment of certain
conditions precedent. The agreements became unconditional on 26 August 2002.
Accordingly, in compliance with rule 3.72 - 3.75 of the JSE Listings
Requirements, the following is disclosed:
Director`s name : David Solomon and Jeffrey Solomon
Position : Non-Executive Director
No. of shares : 20 000 000 linked units
Price : 140 cents
Class of shares : Linked units
Nature of transaction : Disposal
Date : 27 August 2002
Name of entity which
traded the shares : Solomon Brothers Property Holdings (Pty) Limited
Relationship with the
entity
and extent of interest : The disposals were made on behalf of David and
Jeffrey Solomon, who each hold an equal non-
direct, beneficial interest
5 September 2002
BoE Securities (Pty) Limited
Date: 12/09/2002 12:37:50 PM Produced by the JSE SENS Department
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