PREMIUM PROPERTIES LIMITED - Credit rating announcement - BIPPL

Credit rating announcement - BIPPL

PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
JSE alpha code: BIPPL
(“Premium” or the “Company”)

CREDIT RATING ANNOUNCEMENT

Noteholders are advised that Global Credit Ratings has undertaken a credit rating review of the
Company’s guarantor, Octodec Investments Limited (“Octodec”), and has reaffirmed the national
scale Issuer ratings assigned to Octodec at A-(ZA) and A1-(ZA) for the long term and short term
respectively, with the outlook accorded as Stable on 28 February 2019.

A copy of the rating report can be obtained on request. Noteholders can contact Anthony Stein,
anthony@cityprop.co.za, or Doris Thiele, doristh@nedbank.co.za (as Debt Sponsor) for a copy of the
rating report.

28 February 2019

Debt Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank Limited

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