GROWTHPOINT PROPERTIES LIMITED - DEALINGS IN SECURITIES BY DIRECTOR

GROWTHPOINT PROPERTIES LIMITED - DEALINGS IN SECURITIES BY DIRECTOR             
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                    :  J H N Strydom                                    
Number & price of                                                               
linked units                :  80 000 @ 624 cents                               
Date of transaction         :  29 October 2004                                  
Class of shares             :  ordinary                                         
Nature of transaction       :  Purchase                                         
Nature of interest          :  Beneficial                                       
Clearance has been obtained from Norbert Sasse under mandate from the Chairman  
of Growthpoint Properties Limited.                                              
Date: 29/10/2004 02:34:13 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department