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Tue 10 Aug 2004, 11:18 Director's Dealings In Combined Units
Capital Property Fund - Director`s Dealings In Combined Units                   
Capital Property Fund                                                           
(`Capital` or the `Fund`)                                                       
Share Code:  CPL                                                                
ISIN: ZAE000001731                                                              
(A Portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act, 
No 45 of 2002 managed by Property Fund Managers Limited (`PFM`))                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1980/009531/06)                                               
DIRECTOR`S DEALINGS IN COMBINED UNITS                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
1. Director                      : Des de Beer, who is a                        
                                   trustee and beneficiary                      
of the Suni Trust, the                       
                                   entity which entered                         
                                   into the transaction.                        
   Number of combined units      : 125 000                                      
Price per combined unit       : R2,45                                        
   Value of the transaction      : R306 250                                     
   Date of transaction           : 6 August 2004                                
   Nature of transaction         : Open market purchase                         
Nature of interest            : Indirect Beneficial                          
 Clearance to deal in compliance with paragraph 3.66 of the JSE Listings        
Requirements has been obtained.                                                 
10 August 2004                                                                  
Sponsor                                                                         
Java Capital (Pty) Ltd                                                          
Date: 10/08/2004 10:44:02 AM                     
Produced by the JSE SENS Department
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