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Fri 20 Aug 2004, 15:05 Dealing In Securities By A Director
Sycom Property Fund - Dealing In Securities By A Director                       
  Sycom Property Fund                                                             
  (`Sycom` or `the 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                                                              
  DEALING IN SECURITIES BY A DIRECTOR                                             
  In compliance with section 3.63 to 3.74 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                   20 August 2004                               
  Price                              R10.27 per unit                              
  Number of securities               40 000 units                                 
  Total value                        R410 800.00                                  
  Nature of transactions             Open market purchase                         
  Extent of interest                 Direct beneficial                            
  Clearance to deal obtained         Yes                                          
  Johannesburg                                                                    
  20 August 2004                                                                  
  Sponsor                                                                         
  Nedbank Capital                                                                 
  Date: 20/08/2004 02:56:04 PM Produced by the JSE SENS Department
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