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Tue 24 Jun 2008, 17:06 PAP - Pangbourne Properties Limited - Dealing In Securities By A Director
PAP
PAP                                                                             
PAP - Pangbourne Properties Limited - Dealing In Securities By A Director       
Pangbourne Properties Limited                                                   
(Registration No. 1987/002352/06)                                               
Share Code: PAP                                                                 
ISIN Code: ZAE000005252                                                         
("Pangbourne")                                                                  
DEALING IN SECURITIES BY A DIRECTOR                                             
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited ("JSE"), the following information, relating to the dealing in          
securities by a director, is disclosed:                                         
                                                                                
Non-executive director:      Desmond de Beer, who owns 50% of Optimprop         
                            3 (Pty) Ltd, the entity which entered into          
                            the transaction.                                    
Company of which a director: Pangbourne                                         
Transaction date:            23 June 2008                                       
Class of securities:         Linked units                                       
Price:                       R11.80                                             
Number of securities:        50,000 (representing the indirect                  
beneficial interest).                               
Total value:                 R590,000.00                                        
Nature of transaction:       Purchase on open market.                           
Extent of interest:          Indirect beneficial.                               

Clearance to deal was received in terms of paragraph 3.66 of the JSE Listings   
Requirements.                                                                   
24 June 2008                                                                    
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 24/06/2008 17:06:36 Produced by the JSE SENS Department.                  
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