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Mon 7 Oct 2002, 17:16 Acucap Properties Limited - Cautionary Announcemen
Acucap Properties Limited - Cautionary Announcement                             
Acucap Properties Limited                                                       
(Registration Number: 2001/021725/06)                                           
(Incorporated in the Republic of South Africa)                                  
("Acucap")                                                                      
Share code: ACP ISIN: ZAE000037651                                              
CAUTIONARY ANNOUNCEMENT                                                         
Acucap shareholders are advised that Acucap is currently in negotiations with   
Property Fund Managers Limited ("PFM"), the management company of Centrecity    
Property Fund ("Cenprop") regarding the acquisition of certain Cenprop          
properties, including The Mall of Rosebank and JHI House.                       
Acucap shareholders are accordingly advised to exercise caution in dealing in   
their shares until a further announcement is made.                              
Johannesburg                                                                    
07 October 2002                                                                 
Corporate advisor and sponsor Attorneys                                         
Gensec Bank Limited           Edelstein  -  Bosman  Inc.                        
(Registration number          (Registration number                              
1996/004744/06)               1997/021461/21)                                   
Date: 07/10/2002 04:35:00 PM Produced by the JSE SENS Department                


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