New Financial Instruments Listing Announcement: PMM37 PREMIUM PROPERTIES LIMITED (Incorporated in the Republic of South Africa) (Registration number 1994/003601/06) ("Premium" or "the company") Stock Code: PMM37 ISIN Code: ZAG000144270 New Financial Instruments Listing Announcement: PMM37 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 25 May 2017 under Premium’s Domestic Medium Term Note Programme dated 23 February 2015. Authorised Programme size R3,000,000,000.00 Total Notes Outstanding R815,500,000.00 INSTRUMENT TYPE: COMMERCIAL PAPER FLOATING RATE NOTE Bond Code PMM37 Nominal Issued R 160,000,000.00 Issue Price 100% Coupon 8.342% (3 Month JIBAR as at 18 May 2017 of 7.342% plus 100 bps) Coupon Rate Indicator Floating Trade Type Price Final Maturity Date 27 November 2017 Books Close 17 August, 17 November Interest Payment Date(s) 27 August, 27 November Last Day to Register By 17:00 on 16 August, 16 November Issue Date 25 May 2017 Date Convention Modified Following Interest Commencement Date 25 May 2017 First Interest Payment Date 27 August 2017 ISIN No. ZAG000144270 Additional Information Senior Unsecured Floating Rate Applicable Pricing Supplement https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond Documents/PMM37%20Pricing%20Supplement%2020170525.PDF The notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the Notes issued please contact: Allister Lamont-Smith Nedbank CIB (011) 294 4634 Anthony Stein Premium Properties (012) 319 8780 24th May 2017 Sponsor: Nedbank Corporate and Investment Bank, a division of Nedbank Limited Date: 24/05/2017 04:20:00 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.