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PMM
 PMM                                                                             
Premium Properties Limited - Dealing in securities by a director                
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM & ISIN:  ZAE000009254                                          
("Premium")                                                                     
DEALING IN SECURITIES BY A DIRECTOR                                             
In compliance with rule 3.63 - 3.65 of the JSE Listings Requirements, the       
following information relating to the dealing in securities by a director, is   
disclosed:                                                                      
Executive director:                RJ Inggs                                     
Date of transaction:               25 May 2006                                  
Number of linked units purchased:  702 at R9.60 per linked unit                 
Total value of transaction:        R6 739.20                                    
Extent of interest:                Indirect beneficial                          
Class of securities:               Linked units                                 
Nature of transaction:             Purchase on the open market                  
Clearance to deal granted:         Yes                                          
Pretoria                                                                        
29 May 2006                                                                     
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 29/05/2006 12:43:08 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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