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Mon 22 Dec 2003, 16:44 Declaration by Directors of Disposal of Units
Atlas Properties Ltd - Declaration by Directors of Disposal of Units            
  Atlas Properties Ltd                                                            
  JSE Share Code: ATS                                                             
  ISIN: ZAE000008975                                                              
  In terms of paragraph 3.63 to 3.74 of the JSE Securities Exchange South Africa  
  Listing Requirements the following should be noted:                             
         Details                                                                  
  Seller                 L J Coelen                                               
  Date Sold                    19-Dec-03                                          
  No units Sold                1,200,000                                          
  Unit price                        9.50                                          
  Value                       11,400,000                                          
  Allocation of Units                                                             
                                           Indirectly         Non                 
  Director                    Total        Beneficial      Beneficial             
  L J Coelen                                                                      
  At R9.50/unit                1,200,000      1,200,000               0           
  H H-O Steyn                                                                     
  At R9.50/unit                1,200,000                      1,200,000           
  Value of Units                                                                  
  allocated                                                                       
                                           Indirectly         Non                 
  Director                    Total        Beneficial      Beneficial             
  L J Coelen                                                                      
  At R9.50/unit               11,400,000     11,400,000               0           
  H H-O Steyn                                                                     
  At R9.50/unit               11,400,000                     11,400,000           
  22-Dec-03                                                                       
  Date: 22/12/2003 04:43:02 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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