PANGBOURNE PROPERTIES LIMITED
Incorporated in the Republic of South Africa
(Registration number 1987/002352/06)
Share code: PAP
ISIN: ZAE000005252
(`Pangbourne`)
Dealing in securities by a director
In compliance with paragraph 3.63 to 3.74 of the JSE Securities Exchange South
Africa Listing Requirements, the following information is disclosed:
Name of director : A J W L Richards
Date of transaction : 14 March 2005
Number of combined units : 56 000
Class of security : Combined unit
Price per combined unit : R10.25
Nature of the transaction : Sale of units to repay executive unit
purchase share trust loan
Aggregate consideration : R 574,000
Director`s interest : Direct, beneficial
Clearance to deal in these combined units has been obtained in accordance with
Pangbourne`s policy with regard to directors` dealings as well as the Listings
Requirements of the JSE.
Johannesburg
16 March 2005
Sponsor
Standard Bank
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