GROWTHPOINT PROPERTIES LIMITED - DEALING IN SECURITIES BY DIRECTOR

GROWTHPOINT PROPERTIES LIMITED - DEALING IN SECURITIES BY DIRECTOR              
GROWTHPOINT PROPERTIES LIMITED                                                  
Registration Number 1978/004988/06                                              
(Incorporated in the Republic of South Africa)                                  
   (Registration number 1987/004988/06)                                         
   Share code: GRT    ISIN: ZAE000037669                                        
Disclosure by a director of dealing in securities of a company in terms of      
section 3.63 to 3.74 of the JSE Listings Requirements:                          
DEALING IN SECURITIES BY DIRECTOR                                               
Name of Director:               Martin Ettin                                    
Date of transaction:            3rd September 2003                              
Commentary:                     Shares acquired in terms of Growthpoint Issue of
                                Shares for cash                                 
Price per share :               R5-41                                           
Nature of transaction:          Purchase                                        
Number of shares:               150,000                                         
Total value of shares acquired: R811,500                                        
Class of shares:                Ordinary linked units                           
Nature and extent of directors                                                  
interest in Transaction:        Direct Beneficial                               
Date: 05/09/2003 02:18:34 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department