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Fri 1 Apr 2005, 14:55 Acucap Properties Limited - Dealing In Linked Unit
Acucap Properties Limited - Dealing In Linked Units By Directors                
ACUCAP PROPERTIES LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 2001/021725/06)                                            
Share code:  ACP    ISIN:  ZAE000037651                                         
(`Acucap`)                                                                      
DEALING IN LINKED UNITS BY DIRECTORS                                            
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 directors, is disclosed:                               
Executive director                      :    PA Theodosiou                      
Company of which a director             :    Acucap                             
Date of transaction                     :    31 March 2005                      
Number of linked units accepted         :    1 300 000                          
Issue price                             :    R17.15 per linked unit             
Value of transaction                    :    R22 295 000                        
Extent of interest                      :    Direct beneficial                  
Class of securities                     :    Linked units                       
Nature of transaction                   :    Linked units offered to and        
accepted by PA Theodosiou          
                                             in terms of the Acucap Unit        
                                             Purchase Trust                     
Written clearance to deal               :    Yes                                
Executive director                      :    JH Rens                            
Company of which a director             :    Acucap                             
Date of transaction                     :    31 March 2005                      
Number of linked units accepted:             900 000                            
Issue price                             :    R17.15 per linked unit             
Value of transaction                    :    R15 435 000                        
Extent of interest                      :    Direct beneficial                  
Class of securities                     :    Linked units                       
Nature of transaction                   :    Linked units offered to            
                                             and accepted by JH Rens            
                                             in terms of the Acucap Unit        
                                             Purchase Trust                     
Written clearance to deal:                   Yes                                
Company secretary                       :    CB Marlow                          
Company of which a secretary            :    Acucap                             
Date of transaction                     :    31 March 2005                      
Number of linked units accepted         :    800 000                            
Issue price                             :    R17.15 per linked unit             
Value of transaction                    :    R13 720 000                        
Extent of interest                      :    Direct beneficial                  
Class of securities                     :    Linked units                       
Nature of transaction                   :    Linked units offered to            
                                             and accepted by CB Marlow          
                                             in terms of the Acucap Unit        
Purchase Trust                     
Written clearance to deal               :    Yes                                
Cape Town                                                                       
1 April 2005                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 01/04/2005 02:50:11 PM 
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