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Tue 4 Mar 2003, 14:28 Rand Leases - Dealing In Securities By Directors O
Rand Leases - DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES            
Rand Leases Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1978/000870/06)                                            
Share code: RPR ISIN: ZAE000028254                                              
("Rand Leases")                                                                 
DEALING IN SECURITIES BY DIRECTORS OF LISTED COMPANIES                          
In compliance with paragraph 3.72 to 3.75 of the JSE Securities Exchange South  
Africa Listings Requirements, Rand Leases advises that the following shares were
sold to Rand Leases Properties Limited in accordance with the circular dated 7  
November 2002 and the special resolution approved on 29 November 2002 at an     
extraordinary general meeting of shareholders:                                  
Director`s name:                        Mr. R A R Kebble                        
His position:                           Non-Executive Director                  
No. of shares sold:                     3 576 277                               
Price:                                  R1,55 per share                         
Class of shares:                        Ordinary shares                         
Date:                                   3 March 2003                            
Extent of Interest:                     Direct-beneficial                       
Director`s name:                        Mr. G Fischer                           
His position:                           Managing Director                       
No. of shares sold:                     3 576 277                               
Price:                                  R1,55 per share                         
Class of shares:                        Ordinary shares                         
Date:                                   3 March 2003                            
Extent of Interest:                     Direct-beneficial                       
Director`s name:                        Mr. P H L Rama                          
His position:                           Financial Director                      
No. of shares sold:                     1 890 637                               
Price:                                  R1,55 per share                         
Class of shares:                        Ordinary shares                         
Date:                                   3 March 2003                            
Extent of Interest:                     Direct-beneficial                       
Johannesburg                                                                    
4 March 2003                                                                    
Date: 04/03/2003 12:40:00 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             


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