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Thu 18 Nov 2004, 12:14 Acucap - Dealing In Linked Units By A Director
Acucap - Dealing In Linked Units By A Director                                  
ACUCAP PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/021725/06)                                            
Share code:  ACP    ISIN:  ZAE000037651                                         
(`Acucap`)                                                                      
DEALING IN LINKED UNITS 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:            D de Beer who owns 50% of Optimprops 3       
(Proprietary) Limited, the entity which      
                                   entered into the transaction                 
Company of which a director:       Acucap                                       
Date of transaction:               17 November 2004                             
Number of linked units sold:       171 398                                      
Price sold at:                     R15.0346 per linked unit                     
Value of transaction:              R2 576 900.37                                
Extent of interest:                Indirect beneficial                          
Share class:                       Linked units                                 
Nature of transaction:             Sale on the open market                      
Written clearance to deal:         Yes                                          
Cape Town                                                                       
18 November 2004                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 18/11/2004 11:59:11 AM                
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