PSG Group Limited Resignation And Appointment Of Non-Executive Directors

PSG Group Limited Resignation And Appointment Of Non-Executive Directors        
PSG Group Limited                                                               
(Registration number 1970/008484/06)                                            
Share Code: PSG                                                                 
ISIN: ZAE000013017                                                              
RESIGNATION  AND APPOINTMENT OF NON-EXECUTIVE DIRECTORS                         
RESIGNATION:                                                                    
PSG Capital Limited is authorized to announce that Mrs L M Rouillard resigned as
an independent non-executive director of PSG Group Limited effective from 22    
April 2003 to pursue other business interests.                                  
APPOINTMENT:                                                                    
PSG Capital Limited is also authorised to announce that Dr J Van Zyl Smit has   
been appointed as an independent non-executive director of PSG Group Limited    
with effect from 22 April 2003.  The resume of Dr Van Zyl Smit will be published
in the PSG Group Annual Report which will be forwarded to shareholders shortly.