Premium - Adoption Of Distribution Per Linked Unit
Premium - Adoption Of Distribution Per Linked Unit As The Financial Results
Measure And Trading Update
PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium")
Share code: PMM & ISIN: ZAE000009254
ADOPTION OF DISTRIBUTION PER LINKED UNIT AS THE FINANCIAL RESULTS MEASURE AND
TRADING UPDATE
Premium linked unit holders are advised, that in terms of paragraph 3.4(b)(v) of
the JSE Limited Listings Requirements, Premium will be adopting distribution per
linked unit (being a proxy for cash flow per linked unit) as the financial
results measure for trading statement purposes, for reporting periods commencing
on 1 March 2005.
Accordingly, linked unit holders are advised that the distribution per linked
unit for the six months ended 31 August 2005 are expected to be between 20% and
30% higher than those of the prior comparative period.
The reviewed results for the six months ended 31 August 2005 are expected to be
released on or about 24 October 2005.
By order of the Board
21 October 2005
Sponsor and investment bank
Nedbank Capital
Date: 21/10/2005 01:14:06 PM Produced by the JSE SENS Department
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