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Mon 28 Feb 2005, 17:52 Pangbourne Properties Limited - Correction Of Anno
Pangbourne Properties Limited - Correction Of Announcement Regarding Dealing In 
Securities By A Director                                                        
PANGBOURNE PROPERTIES LIMITED                                                   
Incorporated in the Republic of South Africa                                    
(Registration number 1987/002352/06)                                            
Share code: PAP                                                                 
ISIN: ZAE000005252                                                              
(`Pangbourne` or `the Company`)                                                 
Correction of announcement regarding dealing in securities by a director        
Further to the announcement on SENS of earlier today, in compliance with        
paragraph 3.63 to 3.74 of the JSE Securities Exchange South Africa Listing      
Requirements, information regarding dealing in securities by Mr C M Hutchison   
was disclosed. Please note that the nature of the transaction was not an        
allocation of units in terms of the executive unit purchase scheme as announced,
but rather the repayment of a trust loan in terms of the executive unit purchase
scheme.                                                                         
Johannesburg                                                                    
28 February 2005                                                                
Sponsor                                                                         
Standard Bank                                                                   
Date: 28/02/2005 05:51:31 PM                    
Produced by the JSE SENS Department
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