The BidVest Group Limited - Final distribution to shareholders

The BidVest Group Limited - Final 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")                                                    
Final distribution to shareholders                                              
Shareholders are referred to the Bidvest announcement of the final results for  
the period ended June 30  2004, which were released today Monday, August 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 
136,8 cents per share will be increased to 159,548 cents per share to all       
shareholders, excluding Dinatla, recorded in the register of the Company at the 
close of business on Friday, September 17  2004, representing a cash dividend of
79,774 cents per share and a distribution out of share premium of 79,774 cent   
per share.                                                                      
Sandton                                                                         
August 23  2004                                                                 
Date: 23/08/2004 08:05:57 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department