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Wed 4 May 2005, 12:45 Resilient Property Income Fund Limited - Dealing I
Resilient Property Income Fund Limited - 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 is a                              
Trustee of The Suni Trust,                        
the entity which entered into the transaction                                   
Company of which a director:  Resilient                                         
Transaction date:             29 April 2005                                     
Class of securities:          Linked units                                      
Price:                        R10,00 per linked unit                            
Number of securities:         10 000                                            
Total value:                  R100 000                                          
Nature of transaction:        Purchase on open market                           
Extent of interest:           Indirect beneficial                               
Written clearance to deal:    Yes                                               
Johannesburg                                                                    
4 May 2005                                                                      
Sponsor                                                                         
Nedbank Capital
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