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Wed 2 Mar 2011, 7:05 PMM - Premium Properties Limited - Dealing in securities by directors pursuant
PMM
PMM                                                                             
PMM - Premium Properties Limited - Dealing in securities by directors pursuant  
to the Premium Properties rights issue                                          
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM      ISIN:  ZAE000009254                                       
("Premium")                                                                     
DEALING IN SECURITIES BY DIRECTORS PURSUANT TO THE PREMIUM PROPERTIES RIGHTS    
ISSUE                                                                           
In compliance with rule 3.63 - 3.65 of the JSE Listings Requirements, the       
following information relating to directors` purchases, pursuant to the rights  
issue which closed on 25 February 2011, at a price of R15 per linked unit, is   
disclosed:                                                                      
Executive director:                          A Wapnick                          
Total number of linked units purchased:      2,656,086                          
Total value of transaction:                  R39,841,303                        
Nature of director`s interest:               Indirect non beneficial            
Investment entities:                         Tomnef Investments (Pty) Ltd       
                                            Alpiet Investments (Pty) Ltd        
Lefkopaul CC City Property          
                                            Administration (Pty) Ltd Alwap      
                                            Investments (Pty) Ltd Lisa Wapnick  
                                            Family Trust                        
Executive director:                          JP Wapnick                         
Total number of linked units purchased:      2,944,215                          
Total value of transaction:                  R44,163,233                        
Nature of director`s interest:               Indirect beneficial                
Number of linked units:                      920,024                            
Investment entities:                         Alpiet Investments (Pty) Ltd       
                                            Lefkopaul CC                        
Nature of director`s interest:               Indirect non beneficial            
Number of linked units:                      2,024,191                          
Investment entities:                         Tomnef Investments (Pty) Ltd       
                                            Alwap Investments (Pty) Ltd         
                                            City Property Administration        
(Pty) Ltd Jeffrey Wapnick Family    
                                            Trust Jepnick Holdings (Pty) Ltd    
                                            Family members of JP Wapnick        
Non-executive director:                      S Wapnick                          
Total number of linked units purchased:      2,887,009                          
Total value of transaction:                  43,305,143                         
Nature of director`s interest:               Direct beneficial                  
Number of linked units:                      3,280                              
Nature of director`s interest:               Indirect beneficial                
Number of linked units:                      920,024                            
Investment entities:                         Alpiet Investments (Pty) Ltd       
                                            Lefkopaul CC                        
Nature of director`s interest:               Indirect non beneficial            
Number of linked units:                      1,963,705                          
Investment entities:                         Tomnef Investments (Pty) Ltd       
                                            Alwap Investments (Pty) Ltd City    
Property Administration (Pty) Ltd   
                                            Sharon Kramer Family Trust Sharick  
                                            Holdings (Pty) Ltd                  
Independent non-executive director:          M Pollack                          
Total number of linked units purchased:      287,059                            
Total value of transaction:                  R4,305,885.00                      
Nature of director`s interest:               Indirect beneficial                
Investment entity:                           Newinvest 234 (Pty) Ltd            
Independent non-executive director:          M Holmes                           
Total number of linked units purchased:      23,985                             
Total value of transaction:                  R359,775                           
Nature of director`s interest:               Indirect non beneficial            
Investment entity:                           Aitch Trust                        
                                            Trinomial Investments (Pty) Ltd     
                                            Family members of M Holmes          
Executive director:                          AK Stein                           
Total number of linked units purchased:      8,221                              
Total value of transaction:                  R123,315                           
Nature of director`s interest:               Direct beneficial                  
Pretoria                                                                        
1 March 2011                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 02/03/2011 07:05:31 Produced by the JSE SENS Department.                  
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