THIS ANNOUNCEMENT REPLACES THE ONE RELEASED EARLIER TODAY AT 13H28. COMPANY

SHOULD HAVE READ PSG GROUP LIMITED AND NOT PSG INVESTMENT BANK

PSG GROUP LIMITED - DEALINGS IN SECURITIES BY DIRECTOR

IN COMPLIANCE WITH THE REQUIREMENTS OF RULE 3.72 TO 3.75 OF THE JSE LISTING
REQUIREMENTS, THE FOLLOWING SHOULD BE NOTED:
DIRECTOR                :  H H OOSTHUIZEN
DATE OF TRANSACTION     :  9 JANUARY 2001
NUMBER OF SHARES SOLD   :  NON-BENEFICIAL
                           INDIRECT
                           50 000 SHARES
PURCHASE PRICE          :  R325 500
CENTS PER SHARE         :  650

NATURE OF EXTENT        :  SALE OF PSG GROUP LIMITED'S SHARES BY A

OF INTEREST IN             FAMILY TRUST, OF WHICH HE IS A TRUSTEE
TRANSACTION
DIRECTOR                :  H H OOSTHUIZEN
DATE OF TRANSACTION     :  16 JANUARY 2001
NUMBER OF SHARES SOLD   :  NON-BENEFICIAL
                           INDIRECT
                           50 000 SHARES
PURCHASE PRICE          :  R342 500
CENTS PER SHARE         :  685
NATURE OF EXTENT OF

INTEREST IN TRANSACTION :  SALE OF PSG GROUP LIMITED'S SHARES BY A

                           FAMILY TRUST, OF WHICH HE IS A TRUSTEE.
CAPE TOWN
17 JANUARY 2001