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Wed 8 Sep 2004, 17:03 DEALING IN SECURITIES BY A DIRECTOR
RESILIENT - DEALING IN SECURITIES BY A DIRECTOR                                 
RESILIENT PROPERTY INCOME FUND LIMITED                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/016851/06)                                            
Share code: RES     ISIN: ZAE000043642                                          
(`Resilient`)                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information, relating to the    
dealing in securities by a director, is disclosed:                              
Non-executive director        Mfundiso Johnson Ntabankulu Njeke                 
Company of which a director   Resilient                                         
Transaction date              7 September 2004                                  
Class of securities           Linked units                                      
Price                         R7.65 per linked unit                             
Number of securities          13 000                                            
Total value                   R99 450                                           
Nature of transaction         Open market purchase                              
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Johannesburg                                                                    
8 September 2004                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 08/09/2004 04:55:02 PM                     
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