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Wed 4 Dec 2002, 16:40 Acucap Properties Limited - Directors Dealings in
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")                                                                      
Directors Dealings In Securities                                                
In Compliance with section 3.72 to 3.75 of the JSE Listings Requirements, the   
following should be noted:                                                      
1. Director involved in transaction  :  Frank Berkeley who entered into         
                                       the transaction                          
2. Type of transaction               :  Purchase                                
3.  Number of linked units purchased :  10 000                                  
4. Purchase price                    :  R9,50 per linked unit                   
5. Date of transaction               :  3 December 2002                         
Johannesburg                                                                    
4 December 2002                                                                 
Investment bank and sponsor                                                     
Nedcor Investment Bank Limited                                                  
Date: 04/12/2002 02:33:59 PM Produced by the JSE SENS Department                


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