Grayprop - Adoption of distributable earnings per unit for trading statement
purposes
Allan Gray Property Trust
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No 45 of 2002 and managed by Allan Gray Property
Trust Management Limited
(Registration number 1983/003324/06)
(`Grayprop`)
Share code: GRY
ISIN: ZAE000013165
Adoption of distributable earnings per unit for trading statement purposes
In terms of section 3, paragraph 3.4(b)(v) of the Listings Requirements of the
JSE Securities Exchange South Africa, Grayprop advises unitholders that it has
adopted distributable earnings per unit, as opposed to net asset value per unit
used previously, as the financial results measurement for trading statement
purposes. It is effective for the financial period ending 31 March 2005.
Cape Town
7 March 2005
Sponsor
Standard Bank
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