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Thu 23 Sep 2004, 17:10 DEALING IN SECURITIES BY PPTM
PRIMA PROPERTY TRUST - DEALING IN SECURITIES BY PPTM                            
Prima Property Trust                                                            
Share code: PRM     ISIN: ZAE000005641                                          
(`Prima`)                                                                       
A collective investment scheme in property established in terms of the          
Collective Investment Schemes Control Act, 45 of 2002 (the `Act`) managed by    
Prima Property Trust Managers Limited                                           
(Registration number 1969/011594/06)                                            
(`PPTM`)                                                                        
DEALING IN SECURITIES BY PPTM                                                   
In compliance with Rule 3.63 of the JSE Securities Exchange South Africa Listing
Requirements unitholders are advised that PPTM has disposed of 246 300 Prima    
units at a price of 97 cents per unit. The disposal follows the receipt of      
approval from the Financial Services Board for PPTM to reduce its seed capital  
in Prima. The following additional information is disclosed:                    
Date of transactions          :    21 and 22 September 2004                  
   Class of security             :    Prima units                               
   Value of transaction          :    R238 911                                  
   Nature of interest            :    Direct                                    
Given that Prima is a trust, it has no directors.  Prima is managed by PPTM in  
terms of the Collective Investment Schemes Control Act, 45 of 2002 and the deed 
entered into between ABSA Bank Limited and PPTM.  The entire issued share       
capital of PPTM is held by A Million Up Investments 158 (Pty) Ltd, a wholly-    
owned subsidiary of Madison Property Fund Managers (Pty) Ltd (`MPFM`).  In turn,
the shares in MPFM are held by The Standard Bank of South Africa Ltd (as to     
50%), Marc Wainer (as to 25%) and Wolf Cesman (as to 25%).                      
23 September 2004                                                               
Rosebank                                                                        
Sponsor                                                                         
Java Capital (Pty) Ltd
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