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Hyprop Investments Limited  - Director`s Dealings In Linked Units               
  Hyprop Investments Limited                                                      
  Registration no. 1987/005284/06                                                 
  JSE Share Code:  HYP          ISIN Code:  ZAE000003430                          
  DIRECTOR`S DEALINGS IN LINKED UNITS                                             
  In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
  following information is disclosed:                                             
  Director                      :  Peter Whewell                                  
  Number of linked units        :  5 000                                          
  Price per linked unit         :  R14,75                                         
  Value of the transaction      :  R73 750                                        
  Date of transaction           :  30 June 2004                                   
  Nature of transaction         :  Purchase                                       
  Nature of interest            :  Direct Beneficial                              
  Clearance to deal in Hyprop linked units in terms of paragraph 3.66 of the JSE  
  Listings Requirements has been obtained                                         
  1 July 2004                                                                     
  Sponsor                                                                         
  Java Capital (Pty) Ltd                                                          
  Date: 01/07/2004 12:12:02 PM Produced by the JSE SENS Department

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