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Thu 9 Mar 2006, 14:59 Pangbourne Properties Limited - Resignation of a D
PAP
 PAP                                                                             
Pangbourne Properties Limited - Resignation of a Director                       
PANGBOURNE PROPERTIES LIMITED                                                   
(Incorporated in the Republic of South Africa)                                  
(Registration number 1987/002352/06)                                            
Share code: PAP & ISIN: ZAE000005252                                            
("Pangbourne" or "the company")                                                 
RESIGNATION OF A DIRECTOR                                                       
Pangbourne combined unitholders are advised in terms of paragraph 3.59 of the   
JSE Listings Requirements that J A A Diepenbroek has resigned as an executive   
director of the company with immediate effect.                                  
Mr Peter Campbell, Pangbourne"s Chairman, thanked Mr Diepenbroek for his        
important contribution to the group. "He leaves with our thanks and best wishes 
for the future."                                                                
Craighall                                                                       
9 March 2006                                                                    
Sponsor                                                                         
Standard Bank                                                                   
Date: 09/03/2006 02:59:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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