CPL - Capital Property Fund - Directors Dealings in Securities

CPL - Capital Property Fund - Directors Dealings in Securities                  
Capital Property Fund                                                           
Share Code:  CPL                                                                
ISIN: ZAE000001731                                                              
("Capital" or the "Fund")                                                       
(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)                                               
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited ("JSE"), the following information, relating to the dealing in          
securities by a director, is disclosed:                                         
Executive director                 Barry Lester Stuhler, who owns 100% of       
Chataprop Holdings 50 (Pty) Ltd, the          

                                  entity which entered into the                 
                                  transaction.                                  
Company of which a director        Capital                                      
Transaction date                   27 March 2007                                
Class of securities                Units                                        
Price                              R5.25                                        
Number of securities               1,532,877                                    
Total value                        R8,047,604.25                                
Nature of transaction              Purchase on open market                      
Extent of interest                 Indirect beneficial                          
                                                                                
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
Johannesburg                                                                    
28 March 2007                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 28/03/2007 10:00:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.