PSG GROUP LIMITED - DEALING IN SECURITIES BY DIRECTOR

PSG GROUP LIMITED - DEALING IN SECURITIES BY DIRECTOR                           
PSG GROUP LIMITED                                                               
(Registration number 1970/008484/06)                                            
Share Code:    PSG                                                              
ISIN:          ZAE000013017                                                     
("PSG GROUP")                                                                   
PSG GROUP - DEALING IN SECURITIES BY DIRECTOR                                   
1) Name of Director                          :      MIF Smith                   
   Office held                               :      Director of major           
                                                    subsidiary of PSG Group     
   Date of transaction                       :      12 May 2004 (1)             
13 May 2004 (2)             

   Nature of transaction                     :      Purchase                    
   Number of shares                          :      2 428 (1)                   
                                                    1 000 (2)                   
Cents per share (Average)                 :      275 (1)                     
                                                    275 (2)                     
   Class of shares                           :      Ordinary                    
   Total rand value of securities            :      R6 677 (1)                  
R2 750 (2)                  

   Nature and extent of interest in          :      Direct, Beneficial          
   transactions                                                                 
   Confirmation that clearance has been      :      Yes                         
given in terms of paragraph 3.66                                             
   Date of confirmation                      :      12 May 2004                 
Date: 14/05/2004 09:34:59 AM Supplied by www.sharenet.co.za                     
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