Changes to board committees and appointment of chief risk officer 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”) Changes to board committees and appointment of chief risk officer Shareholders are advised of the following appointment and changes to the various board committees at both Octodec and Premium which were approved at the board meetings held on 22 October, 2013 and are of immediate effect: 1. Appointment of Chief Risk Officer Mr Peter Kruger (57), an executive director of City Property Administration (Pty) Ltd, the property management company for Octodec and Premium has been appointed as the Chief Risk Officer as well as a member of the Risk Committee. 2. Board committees The Nominations Committee was separated from the Social & Ethics and Remuneration Committee and reconstituted. This committee now comprises of Ms S Wapnick (Chairman) and Messrs DP Cohen, G H Kemp, PJ Strydom and MZ Pollack. Ms S Wapnick has been appointed as a member of both the Risk Committee and the Social & Ethics and Remuneration Committee. Pretoria 30 October 2013 Investment Bank and Sponsor Nedbank Capital Date: 30/10/2013 09:17:00 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.