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Thu 18 Oct 2007, 16:22 PAP - Pangbourne - Director`s And Secretary`s Deal
PAP
 PAP                                                                             
PAP - Pangbourne - Director`s And Secretary`s Dealings In Linked Units          
Pangbourne Properties Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
Share code: PAP & ISIN: ZAE000005252                                            
("Pangbourne")                                                                  
DIRECTOR`S AND SECRETARY`S DEALINGS IN LINKED UNITS                             
In compliance with paragraph 3.63 to 3.74 of the Listings Requirements of the   
JSE Limited ("the JSE Listings Requirements"), the following information is     
disclosed:                                                                      
Name of company secretary:         Mrs J M Parratt                              
Date of transaction:               17 October 2007                              
Number of linked units:            164 706                                      
Class of security:                 Linked units                                 
Price per combined unit:           R 17.00                                      
Nature of the transaction:         Allocation of units in respect of the Unit   
                                  Purchase Scheme                               
Aggregate consideration:           R2,800,002                                   
Nature of interest:                Direct, beneficial                           
Name of director:                  Mr C M Hutchison                             
Date of transaction:               17 October 2007                              
Number of linked units:            300 000                                      
Class of security:                 Linked units                                 
Price per combined unit:           R 17.00                                      
Nature of the transaction:         Sale of units                                
Aggregate consideration:           R5,100,000                                   
Nature of interest:                Direct, beneficial                           
Clearance to deal in these linked units has been obtained in accordance with    
Pangbourne`s policy with regard to director/company secretary`s dealings as     
well as the JSE Listings Requirements.                                          
18 October 2007                                                                 
Craighall                                                                       
Sponsor                                                                         
Deloitte and Touche Sponsor Services (Proprietary) Limited                      
Date: 18/10/2007 16:22:17 Produced by the JSE SENS Department.                  
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