PGR - Peregrine Holdings Limited - Dealing in securities by a director of a

PGR - Peregrine Holdings Limited - Dealing in securities by a director of a     
major subsidiary                                                                
Peregrine Holdings Limited                                                      
(Registration number 1994/006026/06)                                            
("Peregrine" or "the company")                                                  
JSE code: PGR    ISIN code: ZAE000078127                                        
DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR SUBSIDIARY                       
Shareholders are advised of the following information relating to the dealing   
in securities by a director of a major subsidiary:                              
Name of director:          Vaughan Anthony Pilkington                           
Name of group company:     Citadel Holdings Limited                             
Date of transaction:       26 March 2010                                        
Nature of transaction:     Unwind/disposal of put options over Peregrine        
                          ordinary shares entered into during December 2007     
                          and which were due to expire, in equal tranches, on   
14 December 2010, 14 January 2011, 14 February 2011   

                          and 14 March 2011                                     
Number of securities:      Put options over 225 000 Peregrine ordinary shares   
Premium received per put   - R5.48 per put option expiring on 14 December 2010  
options:                   - R5.38 per put option expiring on 14 January 2010   
                          - R5.28 per put option expiring on 14 February 2010   
                          - R5.20 per put option expiring on 14 March 2010      
                                                                                
Total premium received:    R1,200,375.00                                        
Nature and extent of       Direct beneficial                                    
director`s interest:                                                            
Clearance to deal was received in terms of the JSE`s Listings Requirements.     
Rosebank                                                                        
29 March 2010                                                                   
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
Date: 29/03/2010 16:38:01 Supplied by www.sharenet.co.za                     
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