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Premium Properties Limited - Dealing In Securities By A Director                
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM      ISIN:  ZAE000009254                                       
(`Premium`)                                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 - 3.74 of the JSE Listings Requirements, the       
following information relating to the dealing in securities by a director, is   
disclosed:                                                                      
Executive director                      :    RJ Inggs                           
Director of                             :    Premium                            
Date of transaction                     :    15 July 2005                       
Number of linked units purchased        :    148089                             
Price purchased at                      :    R6.51 per linked unit              
Total value of transaction              :    R964 059.39                        
Extent of interest                      :    Indirect beneficial                
Class of securities                     :    Linked units                       
Nature of transaction                   :    Purchase on the open market        
Clearance to deal granted               :    Yes                                
Pretoria                                                                        
19 July 2005                                                                    
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 19/07/2005 04:38:20 PM              
Produced by the JSE SENS Department                                             

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