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Fri 5 Sep 2003, 14:39 Growthpoint - Director dealings in shares
Growthpoint - Director dealings in shares                                       
  GROWTHPOINT PROPERTIES LIMITED                                                  
     (Incorporated in the Republic of South Africa)                               
  (Registration number 1987/004988/06)                                         
     Share code: GRT   ISIN: ZAE000037669                                         
     ("Growthpoint")                                                              
  In compliance with rule 3.63 to 3.74 of the JSE Listing Requirements, the       
  following information is disclosed:                                             
  Director                                      :  Derek Greenberg                
  Date of Transaction                           :  3 September 2003               
  Price per share purchased                     :  R5.41                          
  Number of shares                              :  272.000                        
  Class of Security                             :  Ordinary linked units          
  Nature of Transaction                         :  Purchased                      
  Total value of shares acquired                :  R1,471,520                     
  Nature of Transaction                         :  Shares acquired in             
                                                   terms of Growthpoint issue of  
                                                   shares for cash                
  Nature and extent of director"s interest      :  100% indirect beneficial       
  Growthpoint Linked Units owned after Primegrow Properties liquidation           
  distribution and issue of shares for cash                                       
  Date: 05/09/2003 02:16:02 PM Produced by the JSE SENS Department                
                                                                                  
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