Growthpoint Properties Limited - Dealing in securities

Growthpoint Properties Limited - Dealing in securities                          
Growthpoint Properties Limited                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/004988/06)                                            
Share code:  GRT   ISIN: ZAE000037669                                           
In compliance with Rules 3.63 - 3.74 of the JSE Listing Requirements, the       
following information is disclosed:                                             
Director                 :    Peter Fechter                                     
Number & price of shares :    39 370 @ R6,05                                    
Date of transaction      :    15 March 2004                                     
Class of shares          :    ordinary                                          
Nature of transaction    :    Sale                                              
Nature of interest       :    indirect beneficial                               
Clearance has been obtained from Norbert Sasse under mandate from the Chairman  
of Growthpoint Properties Limited.                                              
Date: 26/03/2004 09:11:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department