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Thu 28 Nov 2002, 13:59 Directors Dealings In Securities
ACUCAP PROPERTIES LIMITED - DIRECTORS DEALINGS IN SECURITIES                    
ACUCAP PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/021725/06)                                            
Share code: ACP    ISIN ZAE000037651                                            
("Acucap")                                                                      In Compliance with section 3.72 to 3.75 of the JSE Listings Requirements, the   
following should be noted:                                                      
1. Director involved in transaction    Des de Beer, who owns 100% of            
                                       Hollyrood Investments (Pty) Ltd          
which entered into the                   
                                       transaction                              
2. Type of transaction                 Purchase                                 
3. Number of linked units purchased    302 400                                  
4. Purchase price                      R9,50 per linked unit                    
5. Date of transaction                 27 November 2002                         
1. Director involved in transaction    Frank Berkeley who entered into          
                                       the transaction                          
2. Type of transaction                 Purchase                                 
3. Number of linked units purchased    15 000                                   
4. Purchase price                      R9,50 per linked unit                    
5. Date of transaction                 27 November 2002                         
Johannesburg                                                                    
28 November 2002                                                                
Investment bank and sponsor                                                     
Nedcor Investment Bank Limited                                                  
Date: 28/11/2002 01:55:50 PM Produced by the JSE SENS Department                


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