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PMM
 PMM                                                                             
Premium Properties Limited - Cautionary announcement                            
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM & ISIN:  ZAE000009254                                          
("Premium")                                                                     
Cautionary announcement                                                         
Linked unitholders are advised that Premium has entered into negotiations, which
if successfully concluded, may have a material effect on the price at which the 
linked units trade on the JSE Limited. Accordingly, linked unitholders are      
advised to exercise caution when dealing in their linked units until a further  
announcement has been made.                                                     
Pretoria                                                                        
24 August 2006                                                                  
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 24/08/2006 02:34:07 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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