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Wed 11 Dec 2002, 14:00 Resilient - Confirmation Of Transfers After Listin
Resilient - Confirmation Of Transfers After Listing Date And Listing Of Linked  
Units                                                                           
Resilient Property Income Fund Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/016851/06)                                            
Share code:    RES                                                              
ISIN no.:      ZAE000043642                                                     
("Resilient")                                                                   
CONFIRMATION OF TRANSFERS AFTER LISTING DATE AND                                
LISTING OF LINKED UNITS PURSUANT THERETO                                        
Further to the results announcement dated Friday, 6 December 2002, Nedcor       
Investment Bank is authorised to announce that the following properties have now
been transferred into the name of Resilient Properties (Pty) Ltd:               
Property                 Cost (R)      Number of linked units issued at R5,00   
Sales House Queenstown   6 200 000     620 000                                  
Metcash Kempton Park     4 000 000     400 000                                  
Pick `n Pay Vredenburg   17 700 000    885 000                                  
Total linked units                   1 905 000                                  
As a result, the JSE Securities Exchange SA has granted a listing of the 1 905  
000 linked units referred to above with effect from Tuesday, 17 December 2002.  
Johannesburg                                                                    
11 December 2002                                                                
Date: 11/12/2002 11:50:28 AM Produced by the JSE SENS Department                


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