PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing - PMM34

New Financial Instrument Listing - PMM34

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM34
ISIN Code:    ZAG000142639

New Financial Instrument Listing Announcement: PMM34

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 07 March 2017 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R726,000,000.00

INSTRUMENT TYPE:               COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                   PMM34
Nominal Issued              R 260,000,000.00
Issue Price                 100%
Coupon                      8,625% (3 Month JIBAR as at 28
                            February 2017 of 7.325% plus 130
                            bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         07 March 2018
Books Close                 28 May, 28 August, 27 November,
                            25 February
Interest Payment Date(s)    07    June,   07   September,  07
                            December, 07 March
Last Day to Register        By 17:00 on    27 May, 27 August,
                            26 November, 24 February
Issue Date                  07 March 2017
Date Convention             Modified Following
Interest Commencement Date  07 March 2017
First Interest Payment Date 07 June 2017
ISIN No.                    ZAG000142639
Additional Information      Senior Unsecured Floating Rate
Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM34%20Pricing%20Supplement%2020170303.PDF


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

For further information on the Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (011) 294 4634
Anthony Stein         Premium Properties   (012) 319 8780

06th March 2017

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

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