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Wed 2 Feb 2005, 15:08 HYPROP INVESTMENTS LIMITED - APPOINTMENT OF DIRECT
HYPROP INVESTMENTS LIMITED - APPOINTMENT OF DIRECTOR                            
Hyprop Investments Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1987/005284/06)                                               
Share Code: HYP                                                                 
ISIN Code: ZAE00003430                                                          
(`Hyprop`)                                                                      
APPOINTMENT OF DIRECTOR                                                         
In accordance with Section 3.59 of the JSE Securities Exchange South Africa     
Listings Requirements, combined unitholders are advised that Mr James Roy       
McAlpine has been appointed to the board of Hyprop as independent non-executive 
director with effect from 1 February 2005.                                      
Mr McAlpine graduated from the University of Glasgow, Scotland in 1962 with a   
BSc in Mathematics and Physics.  Having qualified as a Chartered Accountant in  
1964, he emigrated to South Africa in 1965 and joined the Liberty Life Group in 
1969.  He retired in 1998, having fulfilled the roles of Chairman of, inter     
alia, Liberty Asset Management Limited and the Association of Unit Trust of     
South Africa.                                                                   
Mr McAlpine is also a non executive director of Imperial Holdings Limited and   
African Rainbow Minerals Limited.                                               
Rosebank                                                                        
2 February 2005                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 02/02/2005 02:59:12 PM              
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