PREMIUM PROPERTIES LIMITED - New Financial Instrument PMM24 and PMM25

New Financial Instrument PMM24 and PMM25

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM24
ISIN Code:    ZAG000134305

Stock Code:   PMM25
ISIN Code:    ZAG000134313

New Financial Instrument Listing Announcement


The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 7 March 2016 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R 650,000,000.00

INSTRUMENT TYPE:             COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                       PMM24
Nominal Issued                  R 55,000,000.00
Issue Price                     100%
Coupon                          8.000% (3 Month JIBAR as at 3
                                March 2016 of 7.000% plus 100
                                bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             7 September 2016
Books Close                     28 May and 28 August
Interest Payment Date(s)        7 June, 7 September
Last Day to Register            By 17:00 on 27 May and 27 August
Issue Date                      7 March 2016
Date Convention                 Modified Following
Interest Commencement Date      7 March 2016
First Interest Payment Date     7 June 2016
ISIN No.                        ZAG000134305
Additional Information          Senior Unsecured Floating Rate
                                Notes
Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
BondDocuments/PMM24%20Pricing%20Supplement%2020160307.PDF



Bond Code                       PMM25
Nominal Issued                  R 210,000,000.00
Issue Price                     100%
Coupon                          8.350% (3 Month JIBAR as at 3
                                March 2016 of 7.000% plus 135
                                bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             7 March 2017
Books Close                     28 May, 28 August, 27 November
                                and 25 February
Interest Payment Date(s)        7 June, 7 September,7 December
                                and 7 March
Last Day to Register            By 17:00 on 27 May, 27 August,
                                26 November and 24 February
Issue Date                      7 March 2016
Date Convention                 Modified Following
Interest Commencement Date      7 March 2016
First Interest Payment Date     7 June 2016
ISIN No.                        ZAG000134313
Additional Information          Senior Unsecured Floating Rate
                                Notes



Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM25%20Pricing%20Supplement%2020160307.PDF


The note will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.


07th March 2016

Sponsor: Nedbank Corporate and Investment Banking, a division
of Nedbank Limited

Date: 08/03/2016 07:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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