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Tue 11 Sep 2007, 12:46 PAP - Pangbourne Properties Limited - Directors De
PAP
 PAP                                                                             
PAP - Pangbourne Properties Limited - Directors Dealings                        
Pangbourne Properties Limited ("Pangbourne")                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
Share code: PAP & ISIN: ZAE000005252                                            
DIRECTORS DEALINGS                                                              
In compliance with paragraph 3.63 to 3.74 of the Listing Requirements of the JSE
Limited ("the JSE Listing Requirements"), the following information is          
disclosed:                                                                      
Name of director         :    Mr C M Hutchison                                  
Date of transaction      :    10 September 2007                                 
Number of linked units   :    550,700                                           
Class of security        :    Linked units                                      
Price per combined unit  :    R 14.50                                           
Nature of the transaction:    Allocation of units in respect of the Unit        
Purchase Scheme                                    
Aggregate consideration :     7,985,150                                         
Director`s interest:          Direct,beneficial                                 
Clearance to deal in these linked units has been obtained in accordance with    
Pangbourne`s policy with regard to director`s dealings as well as the JSE       
Listings Requirements.                                                          
Name of director         :    Mr W J Midgley                                    
Date of transaction      :    10 September 2007                                 
Number of linked units   :    62,000                                            
Class of security        :    Linked units                                      
Price per combined unit  :    R14.50                                            
Nature of the transaction:    Allocation of units in respect of the Unit        
Purchase Scheme                                    
Aggregate consideration  :    R899,000                                          
Director`s interest      :    Direct, beneficial                                
Clearance to deal in these linked units has been obtained in accordance with    
Pangbourne`s policy with regard to director`s dealings as well as the JSE       
Listings Requirements.                                                          
Name of director         :    Mr R N Wesselo                                    
Date of transaction      :    10 September 2007                                 
Number of linked units   :    268 900                                           
Class of security        :    Linked units                                      
Price per combined unit  :    R 14.50                                           
Nature of the transaction:    Allocation of units in respect of the Unit        
Purchase Scheme                                    
Aggregate consideration  :    R3 899 050                                        
Director`s interest      :    Direct, beneficial                                
Clearance to deal in these linked units has been obtained in accordance with    
Pangbourne`s policy with regard to director`s dealings as well as the JSE       
Listings Requirements.                                                          
11 September 2007                                                               
Craighall                                                                       
Sponsor                                                                         
Deloitte & Touche Sponsor Services (Proprietary) Limited                        
Date: 11/09/2007 12:46:01 Produced by the JSE SENS Department.                  
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