PSG GROUP LIMITED - DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR

PSG GROUP LIMITED - DEALING IN SECURITIES BY A DIRECTOR OF A MAJOR              
SUBSIDIARY                                                                      
PSG GROUP LIMITED                                                               
(Registration number 1970/008484/06)                                            
Share Code:    PSG                                                              
ISIN:          ZAE000013017                                                     
("PSG GROUP")                                                                   
Dealing In Securities By A Director Of A Major Subsidiary                       
In Compliance With Rule 3.63 To 3.74 Of The Jse Listing Requirements, The       
Following Information Is Disclosed:                                             
Director Of Major Subsidiary Of Psg Group    : J Borcherds                      
Date Of Transaction                          : 8 November 2004                  
Nature Of Trade                              : Purchase                         
Number Of Shares                             : 30 000                           
Cents Per Share (Average)                    : 455                              
Class Of Shares                              : Ordinary                         
Total Rand Value Of Securities               : R136 500                         
Nature And Extent Of Interest In             : Indirect, Beneficial             
Transaction                                                                     
Confirmation That Clearance Has Been         : Yes                              
Given In Terms Of Paragraph 3.66                                                
Date Of Confirmation                         : 8 November 2004                  
11 November 2004                                                                
Date: 11/11/2004 11:12:18 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department