New Financial Instrument Listing - PMM26 - 4 May 2016 PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) ("Premium" or "the company") Stock Code: PMM26 ISIN Code: ZAG000135989 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 04 May 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 725,000,000.00 INSTRUMENT TYPE: COMMERCIAL PAPER FLOATING RATE NOTE Bond Code PMM26 Nominal Issued R 260,000,000.00 Issue Price 100% Coupon 8.400% (3 Month JIBAR as at 28 April 2016 of 7.300% plus 110 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 4 November 2016 Books Close 25 July and 25 October Interest Payment Date(s) 04 August, 04 November Last Day to Register By 17:00 on 24 July and 24 October Issue Date 4 May 2016 Date Convention Modified Following Interest Commencement Date 4 May 2016 First Interest Payment Date 4 August 2016 ISIN No. ZAG000135989 Additional Information Senior Unsecured Floating Rate Notes Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/ BondDocuments/Applicable%20Pricing%20 Supplement_PMM26%20- %20Executed_(6987854_1).pdf The note will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. 3rd May 2016 Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 03/05/2016 03:55:00 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.