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Wed 11 May 2005, 14:35 Capital Property Fund - Director"s Dealings
Capital Property Fund - Director`s Dealings In Units                            
Capital Property Fund                                                           
(`Capital` or the `Fund`)                                                       
Share Code:  CPL                                                                
ISIN: ZAE000001731                                                              
(A Portfolio in Capital Property Trust Scheme, a Collective Investment Scheme in
Property established in terms of the Collective Investment Schemes Control Act, 
No 45 of 2002 managed by Property Fund Managers Limited (`PFM`))                
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1980/009531/06)                                               
DIRECTOR`S DEALINGS IN UNITS                                                    
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Name of director:                 Des de Beer, who is a                         
                                  trustee and beneficiary of                    
the Suni Trust, the entity                    
                                  which entered into the                        
                                  transaction.                                  
Date of transaction:              11 May 2005                                   
Nature of transaction:            Purchase                                      
Number of securities:             75 670                                        
Class of securities:              Units                                         
Price per unit:                   R3.25                                         
Total value:                      R245 927.50                                   
Nature and extent of director`s                                                 
interest:                         Indirect beneficial                           
Clearance to deal in compliance with paragraph 3.66 of the JSE Listings         
Requirements has been obtained.                                                 
Rosebank                                                                        
11 May 2005                                                                     
Sponsor                                                                         
Java Capital (Pty) Ltd                                                          
Date: 11/05/2005 02:18:39 PM
Produced by the JSE SENS Department
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