Capital - Director"s Dealings In Units

Capital - Director"s 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)                                               
DIRECTOR"S DEALINGS IN UNITS                                                    
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
1. Director                      :    BL Stuhler, who holds a                   
                                      100% of Chataprop                         
Holdings 50 (Pty)                         

                                      Ltd, the entity which                     
                                      entered into the                          
                                      transaction.                              
Number of units               :    1 600 000                                 
   Price per unit                :    R2,46                                     
   Value of the transaction      :    R3 936 000                                
   Date of transaction           :    25 August 2004                            
Nature of transaction         :    Open market purchase                      
   Nature of interest            :    Indirect Beneficial                       
Clearance to deal in compliance with paragraph 3.66 of the JSE Listings         
Requirements has been obtained.                                                 
25 August 2004                                                                  
Sponsor                                                                         
Java Capital (Pty) Ltd                                                          
Date: 25/08/2004 12:09:39 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department