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Fri 17 Sep 2004, 16:25 DECLARATION OF ORDINARY DIVIDEND
Putprop - Declaration Of Ordinary Dividend                                      
Putco Properties Limited                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1988/001085/06)                                            
Share code: PPR                                                                 
ISIN:       ZAE000005567                                                        
(`the company` or `Putprop`)                                                    
DECLARATION OF ORDINARY DIVIDEND                                                
ORDINARY DIVIDEND NO. 29                                                        
The Board of Directors has resolved to declare a final dividend of 30 cents per 
share to all ordinary shareholders. The dividend is declared out of estimated   
consolidated current year profits before tax of R28 853 000.                    
In compliance with the requirements of STRATE, the following dates are          
applicable:                                                                     
Last day to trade cum the dividend         Friday, 15 October 2004              
Date trading commences ex the dividend     Monday, 18 October 2004              
Record date                                Friday, 22 October 2004              
Date of payment                            Monday, 25 October 2004              
Certificated shareholders may not dematerialise or rematerialise their share    
certificates between Monday, 18 October 2004 and Friday, 22 October 2004, both  
dates inclusive.                                                                
Annual Financial Statements for the year ended 30 June 2004 will be posted to   
shareholders at the end of September 2004.                                      
By order of the Board                                                           
BA Holford MCom,CA(SA)                                                          
Company secretary                                                               
17 September 2004                                                               
Registered Office:                      Transfer Secretaries:                   
Mimosa Park                             Computershare Investor                  
Mimosa Way                              Services 2004 (Pty) Limited             
Gallo Manor                             (Registration Number                    
Sandton, 2199                                2004/003647/07)                    
                                        70 Marshall Street                      
                                        Johannesburg, 2001                      
Sponsor:                                                                        
Ernst & Young Sponsors (Pty) Ltd                                                
(Registration number 2000/031843/07)                                            
52 Corlett Drive                                                                
Illovo, 2196                                                                    
Date: 17/09/2004 04:23:04 PM                    
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