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Fri 3 Jan 2003, 11:58 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)                                        
Dealing in Securities by Directors                                              
In compliance with rule 3.72 -3.75 of the JSE Listing Requirements, the         
following information is disclosed.                                             
Surname        :    Wapnick                                                     
First Name     :    Alec                                                        
Designation    :    Executive director                                          
Date of       Quantity  Price   Class   Nature of    Nature of interest         
transaction             (cents)         transaction                             
31 December   115 633   175     Linked  Bought       Indirect, non-             
2002                            units                beneficial                 
Date: 03/01/2003 11:48:00 AM Produced by the JSE SENS Department
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