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Wed 24 Oct 2007, 16:05 PAP - Pangbourne Properties Limited - Directors` d
PAP
 PAP                                                                             
PAP - Pangbourne Properties Limited - Directors` dealings in securities         
Pangbourne Properties Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
Share code: PAP & ISIN: ZAE000005252                                            
("Pangbourne")                                                                  
DIRECTORS` DEALINGS IN SECURITIES                                               
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 director:             Mr. B L Stuhler                                   
Date of transaction:          23 October 2007                                   
Number of linked units:       77,874                                            
Class of security:            Linked units                                      
Price per combined unit:      R 16.65                                           
Nature of the transaction:    Purchase of Units                                 
Aggregate consideration:      R1,296,602.10                                     
Type of Holding:              Indirect, 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.                     
Craighall                                                                       
24 October 2007                                                                 
Sponsor                                                                         
Deloitte and Touche Sponsor Services (Proprietary) Limited                      
Date: 24/10/2007 16:05:02 Produced by the JSE SENS Department.                  
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