PMM - Premium Properties Limited - Dealing in securities by associates of

PMM - Premium Properties Limited - Dealing in securities by associates of       
directors                                                                       
PREMIUM PROPERTIES LIMITED                                                      
(Incorporated in the Republic of South Africa)                                  
(Registration number 1994/003601/06)                                            
Share code:  PMM   ISIN:  ZAE000009254                                          
("Premium")                                                                     
DEALING IN SECURITIES BY ASSOCIATES OF DIRECTORS                                
In compliance with rule 3.63 - 3.65 of the JSE Listings Requirements, the       
following information relating to the dealing in securities by associates of    
directors, is disclosed:                                                        
Non-executive director             :    S Wapnick                               
Date of transaction                :    31 August 2010                          
Class of securities                :    Linked units                            
Number of linked units purchased   :    37 500                                  
Price purchased at                 :    R16.25 per linked unit                  
Total value of transaction         :    R609 375.00                             
Extent of interest                 :    Indirect beneficial                     
Nature of transaction              :    Purchase on the open market by Sharick  
Holdings (Proprietary) Limited, the      

                                       beneficiaries of which are family        
                                       members of S Wapnick                     
Executive director                 :    J Wapnick                               
Date of transaction                :    31 August 2010                          
Class of securities                :    Linked units                            
Number of linked units purchased   :    37 500                                  
Price purchased at                 :    R16.25 per linked unit                  
Total value of transaction         :    R609 375.00                             
Extent of interest                 :    Indirect beneficial                     
Nature of transaction              :    Purchase on the open market by Jepnick  
                                       Holdings (Proprietary) Limited, the      
beneficiaries of which are family        

                                       members of J Wapnick                     
Pretoria                                                                        
3 September 2010                                                                
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 03/09/2010 08:25:02 Supplied by www.sharenet.co.za                     
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