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Mon 7 Jun 2004, 9:14 Directorate changes
Growthpoint Properties Limited - Directorate changes                            
  Growthpoint Properties Limited                                                  
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1987/004988/06)                                            
  Share code:  GRT   ISIN: ZAE000037669                                           
  Directorate changes                                                             
  In accordance with Section 3.59 of the JSE Securities Exchange South Africa     
  Listings Requirements, notification is hereby given that David Kuper has        
  resigned as Chairman and Director of Growthpoint Properties Limited with effect 
  from 04 June 2004 to pursue various personal interests which might be in        
  conflict with the business of Growthpoint. Mr Sam Hackner was unanimously       
  elected as Chairman of the Company.                                             
  Johannesburg                                                                    
  7 June 2004                                                                     
  Date: 07/06/2004 09:05:42 AM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
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