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Thu 1 Apr 2004, 17:05 DIRECTORS DEALINGS IN SECURITIES
PRIMA PROPERTY TRUST Managers Limited - DIRECTORS DEALINGS IN SECURITIES        
  Prima Property Trust Managers Limited                                           
  (Registration number 1969/011594/06)                                            
  ("PPTM                                                                          
  Share code: PRM     ISIN: ZAE000005641                                          
  ("Prima")                                                                       
  A collective investment scheme in property established in terms of the          
  Collective Investment Schemes Control Act, 45 of 2002 (the "Act") managed by ") 
  DIRECTORS DEALINGS IN SECURITIES                                                
  In compliance with Rule 3.63 of the JSE Securities Exchange South Africa Listing
  Requirements the following information regarding the dealing in linked units by 
  a director is disclosed:                                                        
  Directors                      :   Marc Wainer and Wolf Cesman                  
                                     Who each hold 25% of                         
                                     Madison Property Fund                        
  Managers (Pty) Limited                       
                                     ("Madison"), the entity                      
                                     which entered into the                       
                                     transactions                                 
  1. Date of transaction           :    4 February 2004                           
     Class of security             :    linked units                              
     Nature of transaction         :    Units obtained                            
                                        when Madison acquired                     
  the property division of                  
                                        Corpcapital.                              
     Number of units               :    3 655 556                                 
     Price of units                :    90 cents                                  
  Value of transaction          :    R3 290 000.40                             
     Nature of interest            :    Indirect beneficial                       
  2. Date of transaction           :    4 February 2004                           
     Class of security             :    linked units                              
  Nature of transaction         :    Units obtained via                        
                                        A joint venture with                      
                                        Standard Bank of South                    
                                        Africa Limited, of which                  
  Madison holds 50%.                        
     Number of units               :    8 742 622                                 
     Price of units                :    79 cents                                  
     Value of transaction          :    R6 906 671.38                             
  Nature of interest            :    Indirect beneficial                       
  3. Date of transaction           :    11 March 2004                             
     Class of security             :    linked units                              
     Nature of transaction         :    Sale                                      
  Number of units               :    290 000                                   
     Price of units                :    85 cents                                  
     Value of transaction          :    R246 500                                  
     Nature of interest            :    Indirect beneficial                       
  4. Date of transaction           :    15 March 2004                             
     Class of security             :    linked units                              
     Nature of transaction         :    Sale                                      
     Number of units               :    50 000                                    
  Price of units                :    85 cents                                  
     Value of transaction          :    R42 500                                   
     Nature of interest            :    Indirect beneficial                       
  5. Date of transaction           :    29 March 2004                             
  Class of security             :    linked units                              
     Nature of transaction         :    Units obtained when                       
                                        Madison acquired the                      
                                        property division of                      
  Corpcapital,by way of                     
                                        promoters fees.                           
     Number of units               :    7 546 308                                 
     Price of units                :    90 cents                                  
  Value of transaction          :    R6 791 677.20                             
     Nature of interest            :    Indirect beneficial                       
  6. Date of transaction           :    30 March 2004                             
     Class of security             :    linked units                              
  Nature of transaction         :    Sale                                      
     Number of units               :    1 560 000                                 
     Price of units                :    85 cents                                  
     Value of transaction          :    R1 326 000                                
  Nature of interest            :    Indirect beneficial                       
  No clearance to deal was given on the above transactions.                       
  1 April 2004                                                                    
  Rosebank                                                                        
  Date: 01/04/2004 04:57:04 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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