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Thu 17 May 2007, 14:25 PAP - Pangbourne Properties Limited - Renewal of c
PAP
 PAP                                                                             
PAP - Pangbourne Properties Limited - Renewal of cautionary announcement        
PANGBOURNE PROPERTIES LIMITED                                                   
(Registration Number 1987/002352/06)                                            
Share Code: PAP & ISIN:  ZAE000005252                                           
("Pangbourne" or "the Company")                                                 
RENEWAL OF CAUTIONARY ANNOUNCEMENT                                              
Holders of combined units in Pangbourne ("unitholders") are referred to the     
cautionary announcements dated 22 February 2007 and 4 April 2007.               
Unitholders are advised that the Company is still involved in negotiations      
with the same party which, if successfully concluded, may have a material       
effect on the price at which the combined units of Pangbourne trade.            
Accordingly, unitholders are advised to continue to exercise caution when       
dealing in their combined units until a further announcement is made.           
Craighall                                                                       
17 May 2007                                                                     
Sponsor                                                                         
Standard Bank                                                                   
Date: 17/05/2007 14:25:08 Produced by the JSE SENS Department.
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