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Tue 17 Dec 2002, 10:27 Premium - Dealing in Securities by Directors
Premium - Dealing in Securities by Directors                                    
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
("Premium")                                                                     
(Share code:  PMM   ISIN:  ZAE000009254)                                        
In terms of rule 3.72 to 3.75 of the JSE Securities Exchange SA the following is
disclosed:                                                                      
Dealing in Securities by Directors                                              
Surname:       Wapnick                                                          
First Name:    Alec                                                             
Designation:   Executive director                                               
Date of           Quantity                Price (cents)                         
transaction                                                                     
13 December 2002  156 400                 172                                   
Class             Nature of transaction   Nature of interest                    
Linked units      Bought                  Indirect, non-beneficial              
Date: 17/12/2002 09:39:00 AM Produced by the JSE SENS Department                


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