PARAMOUNT PROPERTY FUND LIMITED - TRADING STATEMENT
PARAMOUNT PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1945/019928/06)
Share code: PRA ISIN: ZAE000028577
(`Paraprop` or `the Company`)
TRADING STATEMENT
In terms of the JSE Securities Exchange South Africa Listings Requirements,
companies are required to publish a trading statement as soon as they are
reasonably certain that the financial results for the current reporting period
will be more than 20% different than that of the previous corresponding period.
As a result of the above, Paramount`s shareholders are informed that it is
expected that Paraprop`s earnings per linked unit for the year ended 31 October
2004 will be 50% to 70% higher than that of the previous corresponding period as
result of a net surplus arising on the revaluation of investment properties.
Headline earnings per linked unit and distribution per linked unit have not been
impacted by the aforementioned revaluation surplus.
The above information has not been reviewed or reported on by the Company`s
auditors and the Company`s results for the year ended 31 October 2004 are
expected to be published on or about 7 December 2004.
Cape Town
23 November 2004
Sponsor
Nedbank Capital
Date: 23/11/2004 10:59:03 AM
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