GRF - Group Five - Proposed Bond Issues under a BESA Listed DMTN Programme

GRF - Group Five - Proposed Bond Issues under a BESA Listed DMTN Programme      
Group Five Limited                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/000032/06)                                            
Share code: GRF     ISIN: ZAE000027405                                          
("Group Five")                                                                  
GROUP FIVE ROADSHOW COMMENCEMENT: PROPOSED BOND ISSUES UNDER A BESA LISTED DMTN 
PROGRAMME                                                                       
Nedbank Capital, a division of Nedbank Limited ("Nedbank Capital") is authorised
to announce that Group Five, through its major wholly owned subsidiary Group    
Five Construction (Proprietary) Limited, has mandated Nedbank Capital to lead   
manage two bond issues of up to R700m in aggregate.                             
The proposed issues will be issued under the BESA listed R1 billion Domestic    
Medium Term Note Programme ("DMTN Programme"). The DMTN Programme is guaranteed 
by Group Five. The DMTN programme will broaden Group Five`s ability to access   
capital via the South African debt capital markets. A roadshow to present the   
fundamentals and key features of the proposed bond issues commences today.      
Global Credit Ratings has accorded Group Five a long-term credit rating of A    
(Single A) and a short-term rating of A1 (Single A one). The rating outlook on  
Group Five is stable.                                                           
For any queries please contact Nedbank Capital +27 11 535-4027.                 
Sandton                                                                         
22 January 2007                                                                 
Investment Bank and Sponsor                                                     
- Nedbank Capital, a division of Nedbank Limited -                              
Legal Adviser                                                                   
- Deneys Reitz Incorporated-                                                    
Date: 23/01/2007 08:09:01 Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department.