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Thu 25 Mar 2004, 12:09 Dealing In Securities By A Director
Resilient Property Income Fund Limited - Dealing In Securities By A Director 
Release Date: 25/03/2004 12:02:11      Code(s): RES 
Resilient Property Income Fund Limited - Dealing In Securities By A Director    
RESILIENT PROPERTY INCOME FUND LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(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                           
Company of which a director   :  Resilient                                      
Transaction date              :  24 March 2004                                  
Class of securities           :  Linked units                                   
Price                         :  R6.98 per linked unit                          
Number of securities          :  63 719                                         
Total value                   :  R444 758.62                                    
Nature of transaction         :  Open market purchase                           
Extent of interest            :  Indirect beneficial                            
Clearance to deal obtained    :  Yes                                            
Johannesburg                                                                    
24 March 2004                                                                   
Sponsor                                                                         
Nedbank Capital                
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