OCTODEC INVESTMENTS LIMITED - Change to the boards of directors

Change to the boards of directors

Premium Properties Limited
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
JSE share code: PMM ISIN: ZAE000009254
(“Premium”)

Octodec Investments Limited
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
JSE share code: OCT ISIN: ZAE
(“Octodec”)

Change to the boards of directors

In accordance with paragraph 3.59 (a) of the JSE Listing Requirements, linked unitholders are advised
that Mr Gerard Kemp has been appointed to the boards of both Octodec and Premium (the “Companies”)
as an independent non-executive director with effect from 1 October 2013. Gerard will also serve on the
Audit, Risk, Social & Ethics and Remuneration Committees as well as the newly formed Nominations
Committee of the Companies.

Gerard holds a BSc in Mining Engineering from the University of the Witwatersrand, a Development
Programme in Labour Relations and a Management Development Programme from the University of
South Africa, School of Leadership.

Gerard is currently the Chief Executive Officer (‘CEO’) of Kaouat Iron Limited, a division of Transafrika
Resources. He is the former CEO of Pamodzi Resources Fund and prior to that Director of Business
Development (Resources) at Rand Merchant Bank (RMB), Head of Investment Banking and Head of
Equities Research at BoE Merchant Bank and BoE Securities, respectively. Gerard is also an
independent non-executive director of Village Main Reef Limited and Keaton Energy Holdings Limited.

Among his achievements, Gerard was ranked first in the Gold Analyst SA category by the Financial Mail
and ranked third in the Global Gold Analyst category by Reuters, both in 1998. He was also named the
Dealmaker of the Year by RMB in 2003 and 2004.

During his career, Gerard has spearheaded numerous black economic empowerment transactions,
including African Rainbow Minerals, Mvelaphanda Resources, De Beers and advised on many South
African corporate mergers and acquisitions: Harmony Gold Mine, Anglo American Corporation, Xstrata
Limited, Aquarius Limited, amongst others.

Ms Sharon Wapnick, Chairman of both Octodec and Premium said “Gerard brings to the Board a wealth
of knowledge and experience in the areas of black economic empowerment, corporate finance and labour
relations. We welcome his appointment to the Board and wish him a long and fruitful relationship with
Premium and Octodec.”


Pretoria

1 October 2013

Investment Bank and Sponsor
Nedbank Capital

Date: 01/10/2013 12:17:00 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.