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Tue 15 Feb 2005, 18:05 ACQUISITION OF PROPERTIES
PRIMA PROPERTY TRUST - ACQUISITION OF PROPERTIES FROM THE STANDARD BANK OF SOUTH
AFRICA LIMITED (`SBSA`) - SALIENT DATES                                         
Prima Property Trust                                                            
Share code: PRM    ISIN code: ZAE000005641                                      
(`Prima`)                                                                       
(A collective investment scheme in property managed by Prima Property Trust     
Managers Limited (`PPTM`), in terms of the Collective Investment Schemes Control
Act, 45 of 2002)                                                                
ACQUISITION OF PROPERTIES FROM THE STANDARD BANK OF SOUTH AFRICA LIMITED        
(`SBSA`) - SALIENT DATES                                                        
Further to the announcement on SENS dated 6 January 2005, unitholders are       
advised that a circular to Prima unitholders containing a notice of general     
meeting of Prima unitholders was issued on 8 February 2005. The general meeting 
will be held at the office of Prima, 2 Arnold Road, Rosebank, 2196, at 10:00 am 
on Thursday, 24 February 2005.  The salient dates are set out in the table      
below.                                                                          
2005                                                                            
Last day to lodge forms of proxy                                                
with the transfer secretaries                                                   
by 10:00am                                         Wednesday, 23 February       
General meeting of Prima unitholders,                                           
to approve the acquisition                                                      
at 10:00am on                                       Thursday, 24 February       
Results of general meeting published                                            
on SENS                                             Thursday, 24 February       
Results of general meeting published                                            
in the press                                          Friday, 25 February       
Anticipated date of transfer of                                                 
the properties                                             Tuesday, 3 May       
Anticipated date of the issue and                                               
listing of the consideration units*                         Friday, 6 May       
*The Prima units to be issued to SBSA in part consideration for the acquisition.
The abovementioned dates and times are subject to change at the instance of     
Prima. Any changes will be announced on SENS and in the press.                  
Rosebank                                                                        
15 February 2005                                                                
Corporate advisor                                                               
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Reporting accountants                                                           
KPMG                                                                            
Chartered Accountants (SA)                                                      
Independent expert                                                              
Fisher Hoffman PKF (Jhb) Inc.                                                   
Date: 15/02/2005 05:40:03 PM                   
Produced by the JSE SENS Department
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