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Wed 19 Feb 2003, 15:06 Acucap - 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:                                                      
Director involved in transaction:  Des de Beer who owns 100% of                 
                                   Hollyrood Investments (Pty) Ltd,             
the entity, which entered                   
                                   into the transaction                         
Designation:                       Non-executive director                       
Extent of Directors` Interest:     Indirect-beneficial                          
Type of transaction:               Purchase                                     
Number of linked units purchased                                                
on 17 February 2003:               30 000                                       
Purchase price:                    R9,70 per linked unit                        
Number of linked units                                                          
purchased on 18 February 2003:     100 000                                      
Purchase price:                    R9.60 per linked unit                        
Johannesburg                                                                    
19 February 2003                                                                
Investment bank and sponsor                                                     
Nedbank Corporate                                                               
Date: 19/02/2003 02:51:27 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             

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