PAP - Pangbourne - Dealing In Securities By Directors19 Mar 2010
PAP
PAP                                                                             
PAP - Pangbourne - Dealing In Securities By Directors                           
Pangbourne Properties Limited                                                   
(Registration No. 1987/002352/06)                                               
Share Code: PAP                                                                 
ISIN Code: ZAE000005252                                                         
("Pangbourne")                                                                  
DEALING IN SECURITIES BY DIRECTORS                                              
Unitholders are advised of the following information, relating to the dealing in
securities by directors:                                                        
                                                                                
Name of executive director:          Barry Lester Stuhler, who owns 100%        
of Blue Dot Properties 456 (Pty) Ltd,       
                                    the entity which entered into the           
                                    transaction.                                
Transaction date:                    18 March 2010                              
Class of securities:                 Linked units                               
Price:                               R17.60                                     
Number of securities:                1,500,000                                  
Total value:                         R26,400,000.00                             
Nature of transaction:               Units sold to settle debt owing to         
                                    The Pangbourne Unit Purchase Trust          
                                    pursuant to the termination of the          
                                    previous scheme as approved by              
unitholders at the annual general           
                                    meeting held on 29 October 2009.            
Nature and extent of interest:       Indirect beneficial.                       
                                                                                
Name of executive director:          Jacques Johannes van Wyk, who owns         
                                    100% of Elderberry Investments 115          
                                    (Pty) Ltd, the entity which entered         
                                    into the transaction.                       
Transaction date:                    18 March 2010                              
Class of securities:                 Linked units                               
Price:                               R17.60                                     
Number of securities:                500,000                                    
Total value:                         R8,800,000.00                              
Nature of transaction:               Units sold to settle debt owing to         
                                    The Pangbourne Unit Purchase Trust          
                                    pursuant to the termination of the          
previous scheme as approved by              
                                    unitholders at the annual general           
                                    meeting held on 29 October 2009.            
Nature and extent of interest:       Indirect beneficial.                       

Clearance to deal was received as required in terms of the JSE`s Listings       
Requirements.                                                                   
19 March 2010                                                                   
Sponsor                                                                         
Java Capital (Proprietary) Limited                                              
Date: 19/03/2010 12:42:25 Produced by the JSE SENS Department.                  
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