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Thu 30 Oct 2003, 16:03 DISTRIBUTION ANNOUNCEMENT
APEXHI PROPERTIES LIMITED - DISTRIBUTION ANNOUNCEMENT                           
APEXHI PROPERTIES LIMITED                                                       
(Registration No. 1999/000238/06)                                               
Share codes: APA                                                                
ISIN codes: ZAE000033064                                                        
Share codes: APB                                                                
ISIN codes: ZAE000033072                                                        
(the "company")                                                                 
DISTRIBUTION ANNOUNCEMENT                                                       
The board has resolved that unit holders are entitled to receive interest       
distribution number 10 in respect of the quarter 1 July 2003 to                 
30 September 2003 of 25.50 cents per A unit (2002: 25.50 cents) and 27.25 cents 
per B unit (2002: 25.75 cents).                                                 
Last date to trade cum interest                   Friday, 21 November 2003      
Units will trade ex interest                      Monday, 24 November 2003      
Record date                                       Friday, 28 November 2003      
Payment of interest distribution number 10        Monday, 1 December 2003       
There may be no dematerialisation or re-materialisation of the A and B units    
between Monday, 24 November 2003 and Friday, 28 November 2003, both dates       
inclusive.                                                                      
Rosebank                                                                        
31 October 2003                                                                 
DIRECTORS:                                                                      
M Wainer (Chairman); GGL Leissner* (Chief Executive Officer), JF Bihl,          
WE Cesman, DJ Feinblum*, WM Kirchmann, S Shaw -Taylor, C van Wyk*               
*Executive                                                                      
Date: 30/10/2003 04:00:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department                                             
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