Paraprop - Trading Statement
Paramount Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 1945/019928/06)
Share code: PRA ISIN: ZAE000028577
("Paraprop" or "the Company")
TRADING STATEMENT
In terms of the JSE Limited Listings Requirements, companies are required to
publish a trading statement as soon as they are reasonably certain that the
financial results for the current reporting period will be more than 20%
different than that of the previous corresponding period.
As a result of the above, Paramount"s shareholders are informed that it is
expected that Paraprop"s earnings per linked unit for the year ended 31 October
2005 will be 70% to 80% higher than that of the previous corresponding period as
a result of a net surplus arising on the revaluation of investment properties.
Headline earnings per linked unit and distribution per linked unit have not been
impacted by the aforementioned revaluation surplus.
The above information has not been reviewed or reported on by the Company"s
auditors and the Company"s results for the year ended 31 October 2005 are
expected to be published on or about 6 December 2005.
Cape Town
30 November 2005
Investment bank and sponsor
Nedbank Capital
Date: 30/11/2005 05:03:12 PM Produced by the JSE SENS Department
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