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 compliance with section 3.59 to 3.62 of the Listings Requirements of the JSE 
Limited, unitholders are advised that Tshiamo Daphne Vilakazi has been appointed
as an independent non-executive director to the board of PFM with effect from 12
December 2006.                                                                  
Johannesburg                                                                    
13 December 2006                                                                
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 13/12/2006 12:35:40 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.