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Thu 20 Nov 2003, 11:08 DEALING IN SECURITIES BY A DIRECTOR
RESILIENT PROPERTY INCOME FUND LIMITED - DEALING IN SECURITIES BY A DIRECTOR    
RESILIENT PROPERTY INCOME FUND LIMITED                                          
(Registration number 2002/016851/06)                                            
Share code: RES                                                                 
ISIN: ZAE000043642                                                              
("Resilient")                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by a director, is disclosed:                              
Executive director:                     Jeffrey Zidel who owns 75% of Maxtrade  
Seven (Proprietary) Limited, the entity 
                                        which entered into the transaction      
Director of:                            Resilient                               
Transaction date:                       19 November 2003                        
Class of securities:                    Linked units                            
Price:                                  R6,70 per linked unit                   
Number of securities:                   50 000                                  
Total value:                            R335 000                                
Nature of transaction:                  Open market purchase                    
Extent of interest:                     Indirect beneficial                     
Clearance to deal obtained:             Yes                                     
Executive director:                     Barry Stuhler who owns 100% of Chataprop
Holdings 50 (Proprietary)Limited , the  
                                        entity which entered into the           
                                        transaction                             
Director of:                            Resilient                               
Transaction date:                       19 November 2003                        
Class of securities:                    Linked units                            
Price:                                  R6,70 per linked unit                   
Number of securities:                   50 000                                  
Total value:                            R335 000                                
Nature of transaction:                  Open market purchase                    
Extent of interest:                     Indirect beneficial                     
Clearance to deal obtained:             Yes                                     
Johannesburg                                                                    
20 November 2003                                                                
Sponsor:                                                                        
Nedbank Corporate                                                               
Date: 20/11/2003 10:54:04 AM Supplied by www.sharenet.co.za                     
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