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Thu 2 Jun 2005, 16:38 Dealing in securities by a director
Sycom - Dealing in securities by a director                                     
Sycom Property Fund                                                             
(`Sycom` or `the Fund`)                                                         
A Collective Investment Scheme in property registered in terms of the Collective
Investment Schemes Control Act, No. 45 of 2002 and managed by Sycom Property    
Fund Managers Limited (Registration number 1986/002756/06)                      
JSE Share code: SYC                                                             
ISIN: ZAE000019303                                                              
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with section 3.63 to 3.65 of the JSE Securities Exchange South    
Africa Listings Requirements, the following information is disclosed:           
Director                      F M Berkeley                                      
Company                       Sycom Property Fund Managers Limited, the         
                              management company of Sycom                       
Class of securities           Sycom units                                       
Transaction date              2 June 2005                                       
Price                         R14.50 per unit                                   
Number of securities          66 303 units                                      
Total value                   R961 393.50                                       
Transaction date              2 June 2005                                       
Price                         R14.51 per unit                                   
Number of securities          3 697 units                                       
Total value                   R53 643.47                                        
Nature of transactions        Open market purchase                              
Extent of interest            Direct beneficial                                 
Clearance to deal obtained    Yes                                               
Johannesburg                                                                    
2 June 2005                                                                     
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 02/06/2005 04:38:17 PM  
Produced by the JSE SENS Department
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