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PMM
 PMM                                                                             
Premium Properties Limited - Withdrawal of cautionary                           
Premium Properties Limited                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM & ISIN:  ZAE000009254                                          
("Premium")                                                                     
Withdrawal of cautionary                                                        
Linked unitholders are referred to the cautionary announcement released on SENS 
on 24 August 2006 and are advised that the negotiations referred to therein have
been terminated. Accordingly, linked unit holders are no longer required to     
exercise caution when dealing in Premium linked units.                          
Pretoria                                                                        
18 October 2006                                                                 
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 18/10/2006 04:06:03 PM Produced by the JSE SENS Department                
                                                                                
                                                                                

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