New Financial Instrument PMM24 and PMM25 PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) ("Premium" or "the company") Stock Code: PMM24 ISIN Code: ZAG000134305 Stock Code: PMM25 ISIN Code: ZAG000134313 New Financial Instrument Listing Announcement The JSE Limited has granted a listing to Premium, a wholly owned subsidiary of Octodec Investments Limited, the guarantor of the listed debt obligations of Premium on the Interest Rate Market. The listing is effective from 7 March 2016 under Premium’s Domestic Medium Term Note Programme dated 23 February 2015. Authorised Programme size R3,000,000,000.00 Total Notes Outstanding R 650,000,000.00 INSTRUMENT TYPE: COMMERCIAL PAPER FLOATING RATE NOTE Bond Code PMM24 Nominal Issued R 55,000,000.00 Issue Price 100% Coupon 8.000% (3 Month JIBAR as at 3 March 2016 of 7.000% plus 100 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 7 September 2016 Books Close 28 May and 28 August Interest Payment Date(s) 7 June, 7 September Last Day to Register By 17:00 on 27 May and 27 August Issue Date 7 March 2016 Date Convention Modified Following Interest Commencement Date 7 March 2016 First Interest Payment Date 7 June 2016 ISIN No. ZAG000134305 Additional Information Senior Unsecured Floating Rate Notes Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/ BondDocuments/PMM24%20Pricing%20Supplement%2020160307.PDF Bond Code PMM25 Nominal Issued R 210,000,000.00 Issue Price 100% Coupon 8.350% (3 Month JIBAR as at 3 March 2016 of 7.000% plus 135 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 7 March 2017 Books Close 28 May, 28 August, 27 November and 25 February Interest Payment Date(s) 7 June, 7 September,7 December and 7 March Last Day to Register By 17:00 on 27 May, 27 August, 26 November and 24 February Issue Date 7 March 2016 Date Convention Modified Following Interest Commencement Date 7 March 2016 First Interest Payment Date 7 June 2016 ISIN No. ZAG000134313 Additional Information Senior Unsecured Floating Rate Notes Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond Documents/PMM25%20Pricing%20Supplement%2020160307.PDF The note will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 07th March 2016 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 08/03/2016 07:30:00 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.