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Fri 17 Oct 2003, 14:56 Director dealings in shares
Pangbourne - Director dealings in shares                                        
  PANGBOURNE PROPERTIES LIMITED                                                   
  ("PANGBOURNE")                                                                  
  (Registration number 1987/002352/06)                                            
  Share Code: PAP                                                                 
  ISIN: ZAE000005252                                                              
  Director"s dealings in Pangbourne shares                                        
  In compliance with rules 3.63 - 3.74 of the Listings Requirements of the JSE    
  Securities Exchange South Africa, the following information is disclosed:       
  Director                 :    J P G de Rauville                                 
  Date of transaction      :    19 August 2003                                    
  Price per unit      :         R7.00                                             
  Number of units          :    19 000                                            
  Aggregate consideration  :    R133 000.00                                       
  Nature of transaction    :    Sale                                              
  Extent of interest       :    Indirect beneficial                               
  The above trade was transacted by an investment manager who acts in a full      
  discretionary capacity on the JPG de Rauville portfolio.                        
  Craighall                                                                       
  17 October 2003                                                                 
  Merchant bank and sponsor                                                       
  Standard Corporate and Merchant Bank                                            
  (A division of the Standard Bank of South Africa Limited)                       
  (Registration number 1962/000738/06)                                            
  Date: 17/10/2003 02:47:55 PM Produced by the JSE SENS Department                
                                                                                  
                                                                                  
                                                                                  
  



 
 
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