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Mon 29 Oct 2007, 17:23 PAP - Pangbourne Properties Limited - Directors` D
PAP
 PAP                                                                             
PAP - Pangbourne Properties Limited - Directors` Dealing In Securities          
Pangbourne Properties Limited                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
Share code: PAP & ISIN: ZAE000005252                                            
("Pangbourne")                                                                  
DIRECTORS` DEALING 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. D De Beer                                     
Date of transaction :         25 October 2007                                   
Number of linked units :      6,514                                             
Class of security :           Linked units                                      
Price per combined unit :     R 16.84                                           
Nature of the transaction:    Purchase of units                                 
Aggregate consideration :     R109,695.76                                       
Nature 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                                                                       
26 October 2007                                                                 
Sponsor                                                                         
Deloitte and Touche Sponsor Services (Pty) Ltd                                  
Date: 29/10/2007 17:23:01 Produced by the JSE SENS Department.                  
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