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Wed 8 Jan 2003, 11:27 Dealings by Director
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                                              
Surname                  :    Wapnick                                           
First Name               :    Alec                                              
Designation              :    Executive director                                
Date                     :    13 December 2002                                  
Price                    :    93 200                                            
Price (cents)            :    172                                               
Class of securities      :    Linked Units                                      
Nature of transaction    :    Bought                                            
Nature of interest       :    Indirect, non-beneficial                          
Surname                  :    Wapnick                                           
First Name               :    Alec                                              
Designation              :    Executive director                                
Date                     :    18 December 2002                                  
Price                    :    63 200                                            
Price (cents)            :    172                                               
Class of securities      :    Linked Units                                      
Nature of transaction    :    Bought                                            
Nature of interest       :    Indirect, non-beneficial                          
Date: 08/01/2003 11:00:00 AM Produced by the JSE SENS Department
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