PGR - Peregrine Holdings Limited - Dealings in securities by a director

PGR - Peregrine Holdings Limited - Dealings in securities by a director         
Peregrine Holdings Limited                                                      
(Registration number 1994/006026/06)                                            
("Peregrine" or "the company")                                                  
JSE code: PGR    ISIN code: ZAE000078127                                        
DEALINGS IN SECURITIES BY A DIRECTOR                                            
Shareholders are advised of the following information relating to the dealing in
securities by a director of Peregrine:                                          
Name of director:                       Sean Alan Melnick                       
Name of group company:                  Peregrine Holdings Limited              
Total number of shares:                 3,600,000                               
Class of shares:                        Ordinary                                
Date of transaction:                    21 June 2011                            
Nature and value of transaction:        Zero cost collar hedge over             
                                       3,600,000 Peregrine shares in 18         
equal tranches of 200,000 each           

                                       with, in each case, a put strike         
                                       price of R9.78 and a call strike         
                                       price of R20.07 and with weekly          
expiry dates from 5 May 2014 to 1        

                                       September 2014.                          
Nature and extent of director`s         Indirect beneficial                     
interest:                                                                       


Name of director:                       Sean Alan Melnick                       
Name of group company:                  Peregrine Holdings Limited              
Total number of shares:                 2,200,000                               
Class of shares:                        Ordinary                                
Date of transaction:                    21 June 2011                            
Nature and value of transaction:        Sale of 2,200,00 put options over       
                                       Peregrine shares (previously             
purchased in terms of a SENS             

                                       announcement dated 15 September          
                                       2009), in 11 equal tranches of           
                                       200,000 each with, in each case, a       
strike price of R8,12 and with           

                                       weekly expiry dates from 18 July         
                                       2011 to 26 September 2011.               
Nature and extent of director`s         Indirect beneficial                     
interest:                                                                       
Clearance to deal was received in terms of the JSE Listings Requirements.       
22 June 2011                                                                    
Sponsor                                                                         
Java Capital (Pty) Limited                                                      
Date: 22/06/2011 16:20:01 Supplied by www.sharenet.co.za                     
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