Capital Property Fund - Directors" dealings in units

Capital Property Fund - Directors" dealings in units                            
Capital Property 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)                        
(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 Listings Requirements of the JSE    
Limited ("Listings Requirements"), the following information is disclosed:      
Name of director              Kyalami Preparatory Holdings (Pty) Ltd, the       
                              entity which entered into the transaction,        
                              of which 17% is held by The Suni Trust, of        
which Desmond de Beer is a trustee and            

                              beneficiary.                                      
Date of transaction           15 September 2006                                 
Class of securities           Units                                             
Price per security            R4.05                                             
Number of securities          1,071 (representing the indirect beneficial       
                              interest)                                         
Total value                   R4,337.55                                         
Nature of transaction         Purchase on open market                           
Nature and extent of interest Indirect beneficial                               
Name of director              Beaulieu School Properties (Pty) Ltd, the         
                              entity which entered into the transaction,        
of which 6% is held by The Suni Trust, of         

                              which Desmond de Beer is a trustee and            
                              beneficiary.                                      
Transaction date              15 September 2006                                 
Class of securities           Units                                             
Price per security            R4.05                                             
Number of securities          378 (representing the indirect beneficial         
                              interest)                                         
Total value                   R1,530.90                                         
Nature of transaction         Purchase on open market                           
Nature and extent of interest Indirect beneficial                               
Name of director              Beaulieu School Properties (Pty) Ltd, the         
entity which entered into the transaction,        

                              of which 5% is held by an associate of            
                              Desmond de Beer.                                  
Transaction date              15 September 2006                                 
Class of securities           Units                                             
Price per security            R4.05                                             
Number of securities          315 (representing the indirect non-               
                              beneficial interest)                              
Total value                   R1,275.75                                         
Nature of transaction         Purchase on open market                           
Nature and extent of interest Indirect non-beneficial                           
Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
Johannesburg                                                                    
18 September 2006                                                               
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 18/09/2006 03:17:03 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department