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Thu 11 Aug 2005, 17:58 Capital Property Fund - Directors" Dealings In Uni
Capital Property Fund - Directors` 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)                                               
DIRECTORS` DEALINGS IN UNITS                                                    
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Name of director:                              Barry Stuhler                    
Date of transaction:                           8 August 2005                    
Nature of transaction:                         Sale                             
Number of securities:                          1 900 000                        
Class of securities:                           Units                            
Price per unit:                                R3.90                            
Total value:                                   R7 410 000.00                    
Nature and extent of director`s interest:      Direct beneficial                
Name of director:                              Andries de Lange                 
Date of transaction:                           8 August 2005                    
Nature of transaction:                         Sale                             
Number of securities:                          1 900 000                        
Class of securities:                           Units                            
Price per unit:                                R3.90                            
Total value:                                   R7 410 000.00                    
Nature and extent of director`s interest:      Direct beneficial                
Name of director:                              Craig Hallowes                   
Date of transaction:                           8 August 2005                    
Nature of transaction:                         Sale                             
Number of securities:                          1 900 000                        
Class of securities:                           Units                            
Price per unit:                                R3.90                            
Total value:                                   R7 410 000.00                    
Nature and extent of director`s interest:      Direct beneficial                
Name of alternate director:                    Charles Ryan                     
Date of transaction:                           8 August 2005                    
Nature of transaction:                         Sale                             
Number of securities:                          800 000                          
Class of securities:                           Units                            
Price per unit:                                R3.90                            
Total value:                                   R3 120 000.00                    
Nature and extent of director`s interest:      Direct beneficial                
Clearance to deal in compliance with paragraph 3.66 of the JSE Listings         
Requirements has been obtained.                                                 
Rosebank                                                                        
11 August 2005                                                                  
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
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