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Mon 12 Sep 2005, 17:50 Pangbourne/ iFour/ Siyathenga - Athol Campbell
Pangbourne/ iFour/ Siyathenga - Athol Campbell                                  
PANGBOURNE PROPERTIES LIMITED                                                   
(Registration Number 1987/002352/06)                                            
Share Code: PAP                                                                 
ISIN:  ZAE000005252                                                             
(`Pangbourne`)                                                                  
IFOUR PROPERTIES LIMITED                                                        
(Registration Number 2001/016118/06)                                            
Share Code: IFR                                                                 
ISIN: ZAE000039236                                                              
(`iFour`)                                                                       
SIYATHENGA PROPERTY FUND LIMITED                                                
(Registration Number 2004/005198/06)                                            
Share Code: SYA                                                                 
ISIN: ZAE000069530                                                              
(`Siyathenga`)                                                                  
ATHOL CAMPBELL                                                                  
The boards of directors of Pangbourne, iFour and Siyathenga announce with deep  
regret the sudden passing of Athol Campbell on 11 September 2005.               
The board of directors of Pangbourne is currently attending to its              
responsibility of formally appointing a successor to Athol Campbell as Chief    
Executive Officer of Pangbourne.                                                
Craighall                                                                       
12 September 2005                                                               
Sponsor to Pangbourne and Siyathenga                                            
Standard Bank                                                                   
Sponsor to iFour                                                                
PricewaterhouseCoopers Corporate Finance (Proprietary) Limited                  
Press advisory - Monday 12th September 2005                                     
Pangbourne announces with deep regret the sudden passing of its CEO Athol       
Campbell on 11 September 2005                                                   
Athol`s association with Pangbourne commenced on listing in 1987 as a Director. 
In 1993 he was appointed chairman and in 1999 as CEO and started Pangbourne on  
the path of success and sustainability that has enabled it to enjoy the status  
that it has gained in the market today. His love for his work and his focused   
energy and wisdom brought a special dimension to the company that will be sorely
missed.                                                                         
Athol had been fighting cancer for a long period and had responded well to      
treatment, but unexpected complications lead to his untimely death.             
He had been in constant touch with the executive management and the board and it
is testimony to his leadership that he left the legacy of a strong executive    
team that will continue to deliver to market expectations while the board       
attends to its responsibility of appointing a successor.                        
12 September 2005
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