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Mon 6 Jun 2005, 10:38 Dealing In Linked Units By A Director
Acucap Properties Limited - Dealing In Linked Units By A Director               
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 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:                     Paul Theodosiou                         
Company of which a director:            Acucap                                  
Date of transaction:                    6 June 2005                             
Number of linked units purchased:       2 010                                   
Price purchased at:                     R18.84 per linked unit                  
Value of transaction:                   R37 868.40                              
Extent of interest:                     Direct beneficial                       
Share class:                            Linked units                            
Nature of transaction:                  Purchase on the open market             
Written clearance to deal:              Yes                                     
Cape Town                                                                       
6 June 2005                                                                     
Sponsor                                                                         
Nedbank Capital
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