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Thu 15 May 2003, 11:48 Change In The Board Of Directors
Paramount Property Fund Limited - 
Paramount Property Fund Limited                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1945/019928/06)                                            
Share code: PRA ISIN: ZAE000028577                                              
CHANGE IN THE BOARD OF DIRECTORS                                                
In compliance with section 3.67 of the Listings Requirements of the JSE         
Securities Exchange South Africa, notification is hereby given that Mr A Keller 
has resigned as a non-executive Director. Messrs J A Bester and R S Schur have  
been appointed as non-executive Directors and Members of the Audit Committee.   
Johannesburg                                                                    
15 May 2003                                                                     
Sponsor                                                                         
Nedbank Corporate                                                               
(Registration number 1951/000009/06)                                            
Ends.                                                                           
Date: 15/05/2003 11:35:13 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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