CPL - Capital Property Fund - Change to the board of directors

CPL - Capital Property Fund - Change to the board of directors                  
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)                                               
CHANGE TO THE BOARD OF DIRECTORS                                                
In accordance with Section 3.59 of the Listings Requirements of the JSE Limited,
unitholders are advised that Mr. Craig Brabazon Hallowes has resigned from the  
board of PFM as an executive director with immediate effect.                    
Johannesburg                                                                    
6 March 2007                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 06/03/2007 13:17:00 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.