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Fri 30 May 2003, 12:42 Directors Dealings In Securities
Acucap -                                       
ACUCAP PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/021725/06)                                            
Share code: ACP    ISIN ZAE000037651                                            
("Acucap")                                                                      
In Compliance with section 3.72 to 3.75 of the JSE Listings Requirements, the   
following should be noted:                                                      
1. Director involved in transaction     :  Des de Beer who owns 100% of         
                                           Hollyrood Investments (Pty) Ltd, the 
                                           entity which entered into the        
transaction                          
2. Type of transaction                  :  Purchase                             
3. Number of linked units purchased     :  19 990                               
4. Purchase price                       :  R11,00 per linked unit               
5. Date of transaction                  :  30 May 2003                          
Johannesburg                                                                    
30 May 2003                                                                     
Investment bank and sponsor                                                     
Nedbank Corporate                                                               
Date: 30/05/2003 12:35:42 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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