THE BIDVEST GROUP LIMITED - RESULTS OF THE SCHEME AND GENERAL MEETINGS OF

THE BIDVEST GROUP LIMITED - RESULTS OF THE SCHEME AND GENERAL MEETINGS OF       
BIDVEST SHAREHOLDERS                                                            
The Bidvest Group Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1946/021180/06)                                            
(Share code: BVT    ISIN: ZAE000008132)                                         
("Bidvest")                                                                     
Dinatla Investment Holdings (Proprietary) Limited                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/023927/07)                                            
("Dinatla")                                                                     
BidBEE Limited                                                                  
(Incorporated in the Republic of South Africa)                                  
(Registration number 2003/018861/06)                                            
Securities code: BDE                                                            
RESULTS OF THE SCHEME AND GENERAL MEETINGS OF BIDVEST SHAREHOLDERS              
Further to the announcements published on the Securities Exchange News Service  
of the JSE Securities Exchange South Africa on Friday, October 24 2003, Investec
Bank Limited is authorised to announce that:                                    
1. The scheme of arrangement ("the scheme") proposed by Dinatla between Bidvest 
and the holders of ordinary shares in Bidvest (other than other than BB         
Investment Company (Proprietary) Limited), has been approved by the requisite   
majority of scheme members present or represented at the scheme meeting held on 
Monday, November 10 2003.                                                       
Application will be made to the High Court of South Africa (Transvaal Provincial
Division) ("the Court") to sanction the scheme on Tuesday, November 18 2003 at  
10h00 or as soon thereafter as Counsel may be heard. If the scheme is sanctioned
by the Court, the only remaining condition precedent to which the scheme will be
subject, will be the registration of the Order of Court sanctioning the scheme  
by the Registrar of Companies.                                                  
A further announcement regarding the outcome of the application to the Court    
will be published on or about, Wednesday, November 19 2003.                     
2. At the general meeting held on Monday, November 10 2003, the requisite       
majority of Bidvest shareholders approved the resolution necessary to authorise 
the directors of Bidvest, by way of specific authority to allot and issue up to 
18 million ordinary shares of 5 cents each in the capital of Bidvest.           
Johannesburg                                                                    
November 10 2003                                                                
Investment bank and                                                             
transaction adviser                                                             
Investec Corporate Finance                                                      
Investec Bank Limited                                                           
(Registration number 1969/004763/06)                                            
Corporate law advisers to the transaction                                       
Edward Nathan & Friedland (Pty) Ltd                                             
Corporate Law advisers & Consultants                                            
(Registration number 1999/026464/07)                                            
Werksmans Incorporated                                                          
(Registration number 1990/007215/21)                                            
Lead sponsor to Bidvest                                                         
Investec Securities Limited                                                     
Member of the JSE                                                               
(Registration number. 1972/008905/06)                                           
Joint sponsor to Bidvest                                                        
Deutsche Securities                                                             
Member of the Deutsche Bank Group                                               
Deutsche Securities (SA) (Proprietary) Limited                                  
(Registration number 1995/011798/07)                                            
Reporting accountants and auditors                                              
KPMG                                                                            
Attorneys for the scheme                                                        
Knowles Husain Lindsay Inc                                                      
Attorneys                                                                       
(Registration number 2000/000004/21)                                            
Independent advisor                                                             
Nedbank Corporate                                                               
Date: 10/11/2003 12:48:18 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department