PMM - Premium Properties Limited - Dealing in securities by directors

PMM - Premium Properties Limited - Dealing in securities by 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 DIRECTORS                                              
In compliance with rule 3.63 of the JSE Limited Listings Requirements,          
Bosjacob (Proprietary) Limited ("Bosjacob") purchased the following             
Premium linked units on the open market:                                        
*    16 000 Premium linked units at a price of R13.9642 per linked unit,        
with a total value of R223 427.20 on 18 November 2011.                      
Non-Executive chairman Sharon Wapnick and managing director Jeffrey             
Wapnick each have an indirect beneficial holding of 33.3% in the share          
capital of Bosjacob respectively.                                               
Clearance to deal was received in terms of paragraph 3.66 of the JSE            
Limited Listings Requirements.                                                  
Pretoria                                                                        
21 November 2011                                                                
Investment bank and Sponsor                                                     
Nedbank Capital                                                                 
Date: 21/11/2011 15:49:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.