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Thu 14 Oct 2004, 11:38 CAPITAL PROPERTY FUND - DEALINGS IN UNITS BY AN AS
CAPITAL PROPERTY FUND - DEALINGS IN UNITS BY AN ASSOCIATE OF A DIRECTOR         
Capital Property Fund                                                           
Share Code:  CPL                                                                
ISIN: ZAE000001731                                                              
(`Capital` or the `Fund`)                                                       
(A Portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act, 
No 45 of 2002 managed by Property Fund Managers Limited (`PFM`))                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1980/009531/06)                                               
DEALINGS IN UNITS BY AN ASSOCIATE OF A DIRECTOR                                 
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Associate of director         : Mrs HM Hallowes, wife of director               
                                Craig B Hallowes                                
Number of units               : 21 900                                          
Price per unit                : R2.65                                           
Value of the transaction      : R58 035                                         
Date of transaction           : 13 October 2004                                 
Nature of transaction         : Purchased                                       
Nature of interest            : Direct Beneficial                               
Clearance in compliance with paragraph 3.66 of the JSE Listings Requirements has
been obtained.                                                                  
14 October 2004                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Ltd
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