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Thu 5 Aug 2004, 17:19 Posting of Premium's annual report
Premium - Posting of Premium`s annual report and details of the annual general  
            meeting                                                               
  PREMIUM PROPERTIES LIMITED                                                      
  (Incorporated in the Republic of South Africa)                                  
  (Registration number 1994/003601/06)                                            
  Share code:  PMM            ISIN:  ZAE000009254                                 
  (`Premium`)                                                                     
  Posting of Premium`s annual report and details of the annual general meeting    
  In compliance with section 3.22 of the JSE Securities Exchange South Africa     
  Listings Requirements, information regarding the annual report and annual       
  general meeting is set out below.                                               
  Annual report                                                                   
  Further to Premium`s reviewed results for the year ended 29 February 2004,      
  published on 21 April 2004, the annual report was posted to linked unitholders  
  on Wednesday, 4 August 2004. The annual financial statements contain no         
  modifications to the aforementioned published reviewed results.                 
  Annual general meeting                                                          
  The annual general meeting of linked unitholders of Premium will be held at     
  11:30 on Friday, 27 August 2004 at 1st Floor, Downies Building, 373 Proes       
  Street, Pretoria to transact the business as stated in the notice of the annual 
  general meeting forming part of the annual report.                              
  Pretoria                                                                        
  5 August 2004                                                                   
  Sponsor                                                                         
  Nedbank Capital                                                                 
  Date: 05/08/2004 04:57:03 PM Produced by the JSE SENS Department
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