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Fri 22 Oct 2004, 14:22 DEALING IN SECURITIES BY A DIRECTOR
RESILIENT PROPERTY INCOME FUND LIMITED - 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:                              
Executive director            Jacques van Wyk                                   
Company of which a director   Resilient                                         
Transaction date              20 and 21 October 2004                            
Class of securities           Linked units                                      
Price                         R7.84 per linked unit                             
Number of securities          131 719                                           
Total value                   R1 032 794                                        
Nature of transaction         Sale on the open market                           
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Johannesburg                                                                    
22 October 2004                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 22/10/2004 01:51:35 PM       
Produced by the JSE SENS Department
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