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Tue 15 Feb 2005, 17:08 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                               
Class of securities                     Linked units                            
Transaction date                        11 February 2005                        
Price                                   R9.75 per linked unit                   
Number of securities                    21 798                                  
Total value                             R212 530                                
Transaction date                        14 February 2005                        
Price                                   R9.75 per linked unit                   
Number of securities                    3 202                                   
Total value                             R31 219                                 
Nature of transaction                   Purchase on open market                 
Extent of interest                      Indirect beneficial                     
Written clearance to                                                            
deal received                           Yes                                     
Johannesburg                                                                    
15 February 2005                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 15/02/2005 04:47:15 PM                      
Produced by the JSE SENS Department
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