CAPITAL PROPERTY FUND - DEALINGS IN UNITS BY AN ASSOCIATE OF A DIRECTOR

CAPITAL PROPERTY FUND - DEALINGS IN UNITS BY AN ASSOCIATE OF A DIRECTOR         
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)                                               
DEALINGS IN UNITS BY AN ASSOCIATE OF A DIRECTOR                                 
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Associate of director         : Mrs HM Hallowes, wife of director               
                                Craig B Hallowes                                
Number of units               : 21 900                                          
Price per unit                : R2.65                                           
Value of the transaction      : R58 035                                         
Date of transaction           : 13 October 2004                                 
Nature of transaction         : Purchased                                       
Nature of interest            : Direct Beneficial                               
Clearance in compliance with paragraph 3.66 of the JSE Listings Requirements has
been obtained.                                                                  
14 October 2004                                                                 
Sponsor                                                                         
Java Capital (Proprietary) Ltd                                                  
Date: 14/10/2004 11:29:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department