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Mon 16 Sep 2002, 10:32 Rand Leases Properties Limited - Dealing In Securi
Rand Leases Properties Limited - Dealing In Securities By A Director            
Rand Leases Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number: 1978/000870/06)                                           
("Rand Leases")                                                                 
Share code: RPR ISIN: ZAE000028254                                              
DEALING IN SECURITIES BY A DIRECTOR                                             
Further to the announcement on SENS on 23 November 2001, relating to the forward
purchase of linked units, the following purchases have now been made, as        
follows:                                                                        
Director                    : Mr G Fischer                                      
Date of purchase            : 16 September 2002                                 
Price per linked unit       : 160 cents                                         
Number of linked units      : 570 300                                           
Nature of transaction       : Purchase                                          
Extent of interest          : Directly beneficial                               
Director                    : Mr P H L Rama                                     
Date of purchase            : 16 September 2002                                 
Price per linked unit       : 160 cents                                         
Number of linked units      : 585 950                                           
Nature of transaction       : Purchase                                          
Extent of interest          : Directly beneficial                               
Johannesburg                                                                    
16 September 2002                                                               
Date: 16/09/2002 09:55:00 AM Produced by the JSE SENS Department                


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