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Mon 6 Dec 2004, 14:03 DEALING IN SECURITIES BY A DIRECTOR
Resilient Property Income Fund Limited - Dealing In Securities By A Director    
RESILIENT PROPERTY INCOME FUND LIMITED                                          
(Registration number 2002/016851/06)                                            
Share code: RES     ISIN: ZAE000043642                                          
(`Resilient`)                                                                   
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.74 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            :  Jeffrey Zidel who owns                         
                                 75% of Maxtrade Seven (Pty) Ltd, the entity    
which entered into the transaction             
Company of which a director   :  Resilient                                      
Transaction date              :  3 December 2004                                
Class of securities           :  Linked units                                   
Price                         :  R8.50 per linked unit                          
Number of securities          :  25 000                                         
Total value                   :  R212 500                                       
Nature of transaction         :  Purchase on open market                        
Extent of interest            :  Indirect beneficial                            
Written clearance to                                                            
deal received                 :  Yes                                            
Johannesburg                                                                    
6 December 2004                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 06/12/2004 01:33:47 PM                      
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