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Mon 6 Sep 2004, 17:41 Acucap Properties Limited - Dealing In Linked Unit
Acucap Properties Limited - Dealing In Linked Units By A Director               
ACUCAP PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/021725/06)                                            
Share code:  ACP      ISIN:  ZAE000037651                                       
(`Acucap`)                                                                      
DEALING IN LINKED UNITS BY A DIRECTOR                                           
In compliance with rule 3.63 to 3.65 of the JSE Securities Exchange South Africa
Listings Requirements, the following information is disclosed:                  
Executive director:                Jonathan Rens who is a trustee and           
                                   beneficiary of the John Rens Family Trust,   
the entity through which the transaction was 
                                   entered                                      
Date of transaction:               6 September 2004                             
Number of linked units purchased:  2 000                                        
Purchase price:                    R13.30 per linked unit                       
Value of transaction:              R26 600                                      
Extent of interest:                Indirect beneficial                          
Class of securities:               Linked units                                 
Nature of transaction:             Purchase on the open market                  
Written clearance to deal:         Yes                                          
Cape Town                                                                       
6 September 2004                                                                
Sponsor                                                                         
Nedbank Capital
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