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HYP
 HYP                                                                             
Hyprop Investments Limited - Change of debenture trustee                        
Hyprop Investments Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration No. 1987/005284/06)                                               
Share Code: HYP                                                                 
ISIN Code: ZAE000003430                                                         
("the Company")                                                                 
CHANGE OF DEBENTURE TRUSTEE                                                     
Combined  unitholders are advised that Webber Wentzel Bowens has been  nominated
by  the  board  to assume the position of debenture trustee of the company  with
effect from date of approval by debenture holders, at the annual general meeting
scheduled  to  be held on 14 June 2006 at the offices of the company,  following
the resignation of Edward Nathan (Proprietary) Limited.                         
Rosebank                                                                        
17 March 2006                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 17/03/2006 02:54:02 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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