The Bidvest Group Limited - Interim distribution to shareholders

The Bidvest Group Limited - Interim distribution to shareholders                
The Bidvest Group Limited                                                       
Incorporated in the Republic of South Africa                                    
Registration number 1946/021180/06                                              
Share code: BVT                                                                 
ISIN: ZAE000050449                                                              
("Bidvest" or "the Company")                                                    
Interim distribution to shareholders                                            
Shareholders are referred to the Bidvest announcement of the interim results for
the period ended December 31 2003, which were released today Monday, February   
23, 2004.                                                                       
In terms of the scheme of arrangement proposed by Dinatla Investment Holdings   
(Pty) Limited ("Dinatla") between The Bidvest Group Limited and its shareholders
which was sanctioned by the High Court on November 18, 2003, Dinatla acquired   
approximately 15% of the shares of scheme participants on the basis that for a  
period of three years ending on December 8, 2006, all normal dividends and      
distributions in respect of the shares so acquired will accrue to the scheme    
participants or their successors.                                               
Accordingly, the dividend and distribution awarded to shareholders amounting to 
113,4 cents per share will be increased to 132,44 cents per share to all        
shareholders, excluding Dinatla, representing a cash dividend of 66,22 cents per
share and a distribution out of share premium of 66,22 cents per share, recorded
in the register of the Company at the close of business on Friday, March 19     
2004.                                                                           
Johannesburg                                                                    
February 23, 2004                                                               
Date: 23/02/2004 11:26:02 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department