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Thu 3 Oct 2002, 11:24 Arnold Property Fund Limited - Dealings In Securit
ARNOLD PROPERTY FUND LIMITED - DEALINGS IN SECURITIES BY DIRECTOR               
Arnold Property Fund Limited                                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/011887/06)                                            
Share code ARP   ISIN ZAE000031720                                              
DEALINGS IN SECURITIES BY DIRECTORS                                             
In compliance with rule 3.72 - 3.75 of the JSE Securities Exchange, South Africa
Listings Requirements, the following is disclosed:                              
Director`s name                       : D Solomon and J Solomon                 
Position                              : Non-executive directors                 
No. of shares                         : 16 000 000                              
Price                                 : R1,69                                   
Class of shares                       : Linked units                            
Nature of transaction                 : Sale                                    
Date                                  : 30 September 2002                       
Name of entity which traded the shares: Solomon Brothers Property Holdings (Pty)
                                        Ltd                                     
Director`s 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                     
Johannesburg                                                                    
3 October 2002                                                                  
Date: 03/10/2002 10:07:04 AM Produced by the JSE SENS Department                

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