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Fri 1 Jul 2005, 10:49 Pangbourne Properties Limited - Dealing In Securit
Pangbourne Properties Limited - 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`)                                                                  
Dealing in securities by a director                                             
In compliance with paragraphs 3.63 to 3.74 of the Listing Requirements of the   
JSE Securities Exchange South Africa (`the JSE Listing Requirements`), the      
following information is disclosed:                                             
Name of director              :    J A A Diepenbroek                            
Date of transaction           :    30 June 2005                                 
Number of combined units      :    669 100                                      
Class of security             :    Combined unit                                
Price per combined unit       :    R10.03                                       
Nature of the transaction     :    Allocation of   units in terms of the        
                                   executive unit purchase share trust          
Aggregate consideration       :    R7 010 063.00                                
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 JSE       
Listings Requirements.                                                          
Johannesburg                                                                    
1 July 2005                                                                     
Sponsor                                                                         
Standard Bank                                                                   
Date: 01/07/2005 10:49:14 AM      
Produced by the JSE SENS Department
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