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Tue 8 Feb 2005, 14:34 DEALING IN SECURITIES BY A DIRECTOR
RESILIENT - 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:           Des de Beer who owns                              
50% of Optimprops 3                               
                              (Pty) Ltd, the entity which entered into the      
                              transaction                                       
Company of which a director:  Resilient                                         
Transaction date:             7 February 2005                                   
Class of securities:          Linked units                                      
Price:                        R9.60 per linked unit                             
Number of securities:         31 598                                            
Total value:                  R303 340.80                                       
Nature of transaction:        Purchase on open market                           
Extent of interest:           Indirect beneficial                               
Written clearance to                                                            
deal received:                Yes                                               
Johannesburg                                                                    
8 February 2005                                                                 
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 08/02/2005 02:18:19 PM                   
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