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ApexHi Properties Limited - Directors Dealing Announcement                      
  ApexHi Properties Limited                                                       
  (Registration No. 1999/000238/06)                                               
  Share codes: APA    ISIN codes:    ZAE000033064                                 
               APB                   ZAE000033072                                 
  DIRECTORS DEALING ANNOUNCEMENT                                                  
  In compliance with section 3.63 of the Listings Requirements of the JSE, we     
  hereby advise the following dealings by a director in the company"s securities: 
  Name of director           Deon Feinblum                                        
  Dates of transaction       11 March 2004                                        
  Average Price              685 cents                                            
  Number of linked units     23 357                                               
  Total value                R159 995.45                                          
  Class of securities        "B" linked units                                     
  Nature                     Purchase of "B" linked units                         
  Interest                   Direct beneficial                                    
  Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
  Requirements.                                                                   
  Johannesburg                                                                    
  12 March 2004                                                                   
  Sponsor:                                                                        
  Java Capital (Pty) Limited                                                      
  Date: 12/03/2004 02:28:31 PM Produced by the JSE SENS Department                

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