PAP - Pangbourne Properties Limited - Correction to commentary accompanying

PAP - Pangbourne Properties Limited - Correction to commentary accompanying     
interim results                                                                 
Pangbourne Properties Limited                                                   
(Registration No. 1987/002352/06)                                               
Share Code: PAP                                                                 
ISIN Code: ZAE000005252                                                         
("Pangbourne")                                                                  
CORRECTION TO COMMENTARY ACCOMPANYING INTERIM RESULTS                           
In the commentary to its interim results released on 16 February 2011,          
Pangbourne referred to the liquidation of two large manufacturing tenants.  One 
of these is Cullinan Industrial Porcelain (Proprietary) Limited, not "Cullinan  
Holdings Limited", which was incorrectly referred to in the commentary.         
21 February 2011                                                                
Sponsor                                                                         
Java Capital                                                                    
Date: 21/02/2011 11:08:01 Supplied by www.sharenet.co.za                     
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