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Atlas Properties Limited - Director Appointment                                 
Atlas Properties Limited                                                        
(Registration No: 1988/000742/06)                                               
JSE Share Code:  ATS          ISIN Code: ZAE000008975                           
Director Appointment                                                            
In accordance with the requirements of paragraph 3.67 of the JSE Listing        
Requirements, the board of directors of Atlas is pleased to announce the        
appointment of Ian Stansfield Raubenheimer as a director of Atlas with effect   
from 1 October 2002.                                                            
Johannesburg                                                                    
1 October 2002                                                                  
Sponsor                                                                         
PricewaterhouseCoopers Corporate Finance (Pty) Ltd                              
Date: 01/10/2002 08:25:16 AM Produced by the JSE SENS Department                

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