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Wed 15 Mar 2006, 15:01 Paramount Property Fund Limited - Distribution Ann
PRA
 PRA                                                                             
Paramount Property Fund Limited - Distribution Announcement                     
Paramount Property Fund Limited                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1945/019928/06)                                            
Share code: PRA                                                                 
ISIN: ZAE000028577                                                              
DISTRIBUTION ANNOUNCEMENT                                                       
Notice is hereby given that the board has declared a quarterly interest         
distribution of 14.0 cents per linked unit, in respect of the quarter ended 31  
January 2006. The last day to trade cum distribution will be Friday, 31 March   
2006. The linked units will commence trading ex distribution as from Monday, 3  
April 2006 and the record date will be Friday, 7 April 2006.  The distribution  
will be paid on Monday, 10 April 2006.                                          
Linked unit certificates may not be dematerialised or rematerialised between    
Monday, 3 April 2006 and Friday, 7 April 2006, both days inclusive.             
Cape Town                                                                       
15 March 2006                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 15/03/2006 03:01:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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