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Thu 23 Dec 2004, 16:42 ADOPTION OF DISTRIBUTION PER LINKED UNIT
RESILIENT - ADOPTION OF DISTRIBUTION PER LINKED UNIT AS THE FINANCIAL RESULTS   
            MEASURE                                                             
Resilient Property Income Fund Limited                                          
(Incorporated in the Republic of South Africa)                                  
(Registration number 2002/016851/06)                                            
Share code: RES     ISIN: ZAE000043642                                          
(`Resilient`)                                                                   
ADOPTION OF DISTRIBUTION PER LINKED UNIT AS THE FINANCIAL RESULTS MEASURE       
Resilient linked unit holders are advised that in terms of paragraph 3.4(b)(v)  
of the JSE Securities Exchange South Africa Listings Requirements, Resilient    
will be adopting distribution per linked unit (being a proxy for cash flow per  
linked unit) as the financial results measure for trading statement purposes,   
for reporting periods commencing on 1 January 2005.                             
Johannesburg                                                                    
23 December 2004                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 23/12/2004 04:33:01 PM                    
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