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Wed 29 Jan 2003, 15:14 Allan Gray Property Trust - Change In Directorship
Allan Gray Property Trust                                                       
a unit trust scheme in property shares established in terms of the Unit Trusts  
Control Act, 1981 and managed by Allan Gray Property Trust Management Limited   
(Registration number 1983/003324/06)                                            
(Share code: GRY ISIN: ZAE000013165)                                            
("Grayprop")                                                                    
CHANGE IN DIRECTORSHIP                                                          
In terms of section 3, paragraph 3.67 of the JSE Listings Requirements, Grayprop
advises unitholders that with immediate effect Sean McCoy has been appointed to 
the Board of Directors of Allan Gray Property Trust Management Limited, the     
management company of Grayprop.                                                 
Cape Town                                                                       
29 January 2003                                                                 
Date: 29/01/2003 03:05:13 PM Produced by the JSE SENS Department                



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