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Wed 11 Aug 2004, 13:07 Dealing In Securities By A Director
Sycom - Dealing In Securities By A Director                                     
Sycom Property Fund                                                             
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002 and managed by Sycom Property    
Fund Managers Limited                                                           
(Registration number 1986/002756/06)                                            
JSE Share code: SYC                                                             
ISIN: ZAE000019303                                                              
(`Sycom` or `the Fund`)                                                         
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with section 3.63 to 3.65 of the JSE Securities Exchange South    
Africa Listings Requirements, the following information is disclosed:           
Director:                   F M Berkeley                                        
Company:                    Sycom Property Fund Managers Limited, the management
                            company of Sycom                                    
Class of securities:        Sycom units                                         
Transaction date:           11 August 2004                                      
Price:                      R10.25 per unit                                     
Number of securities:       19 217 units                                        
Total value:                R196 974.25                                         
Nature of transactions:     Open market purchase                                
Extent of interest:         Direct beneficial                                   
Clearance to deal obtained: Yes                                                 
Johannesburg                                                                    
11 August 2004                                                                  
Investment bank and Sponsor                                                     
Nedbank Capital
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