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PRA
 PRA                                                                             
PRA - Paramount Property Fund Limited - Results of Annual General Meeting       
PARAMOUNT PROPERTY FUND LIMITED                                                 
(Incorporated in the Republic of South Africa)                                  
(Registration number 1945/019928/06)                                            
Share code:  PRA                                                                
ISIN:   ZAE000028577                                                            
("Paraprop")                                                                    
RESULTS OF ANNUAL GENERAL MEETING                                               
Shareholders are advised that, at the annual general meeting of Paraprop held at
the Conference Centre, Master Builders Association, Belmont Road, Rondebosch,   
Cape Town today, all the resolutions were unanimously passed by shareholders.   
Cape Town                                                                       
23 February 2007                                                                
Investment Bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 23/02/2007 13:07:00 Produced by the JSE SENS Department.

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