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Tue 2 Sep 2003, 10:05 Resilient Property Income Fund Limited - Directors
Resilient Property Income Fund Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/016851/06)                                            
Share code: RES          ISIN: ZAE000043642                                     
("Resilient")                                                                   
Directors Dealings In Securities                                                
In Compliance with section 3.63 to 3.65 of the JSE Securities Exchange SA       
Listings Requirements, the following should be noted:                           
1. Director involved in transaction:                                            
Des de Beer who owns 50% of Optimprops 3 (Pty) Limited, the entity, which       
entered into the transaction                                                    
2. Type of transaction: Purchase                                                
3. Number of linked units purchased: 41 600                                     
4. Purchase price: R6,10 per linked unit                                        
5. Date of transaction: 1 September 2003                                        
6. Extent of interest: Indirect Beneficial                                      
Johannesburg                                                                    
2 September 2003                                                                
Investment bank and sponsor                                                     
Nedbank Corporate                                                               
Date: 02/09/2003 09:48:11 AM                 
Produced by the JSE SENS Department                                             
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