Lewis Group Limited - Result of placing of GUS plc"s remaining stake in Lewis

Lewis Group Limited - Result of placing of GUS plc"s remaining stake in Lewis   
Lewis Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Formerly Rowmoor Investments 505 (Proprietary) Limited                          
Registration number: 2004/009817/06                                             
JSE share code: LEW ISIN: ZAE000058236                                          
("Lewis")                                                                       
Result of placing of GUS plc"s remaining stake in Lewis                         
Lewis shareholders are referred to a GUS plc announcement released earlier today
announcing the successful sale of its entire remaining interest in Lewis. The   
body of the announcement is set out below:                                      
"Further to the announcement on 17 May 2005, GUS plc announces the successful   
sale of its entire remaining interest in Lewis Group Limited ("Lewis") of       
50,000,001 shares, comprising 50% of the issued share capital.  This was        
achieved by way of an accelerated book-building process between 17 May 2005 and 
19 May 2005.                                                                    
The sale was concluded at a price of R33.50 per share, a discount of 5.6% to the
closing share price of Lewis on the JSE Securities Exchange South Africa on 17  
May 2005, being the last price prior to the announcement of the offer."         
19 May 2005                                                                     
Global co-ordinator and sole bookrunner: UBS                                    
Co-lead managers: Investec and JP Morgan                                        
Sponsor to Lewis: UBS                                                           
No offer or invitation to acquire Lewis shares is being made by this            
announcement and this announcement is made by Lewis solely for information      
purposes.  The Offering is being made by GUS and not Lewis.                     
This announcement has been issued by Lewis and is the sole responsibility       
ofLewis. UBS South Africa (Proprietary) Limited ("UBS"), Investec Bank Limited  
("Investec") and JP Morgan Securities Limited ("JP Morgan") are acting          
exclusively for GUS and no one else in connection with the Offering and will not
be responsible to anyone other than GUS for providing the protections afforded  
to clients of UBS, Investec and JP Morgan nor for providing any advice in       
relation to the Offering or any other matters referred to in this announcement. 
This announcement is for information purposes and does not constitute an offer  
of, or an invitation by or on behalf of GUS plc, Lewis, UBS, Investec or JP     
Morgan to subscribe for or purchase any shares and may not be used for the      
purpose of an offer to, or a solicitation by, anyone in any jurisdiction or in  
any circumstances in which such offer or solicitation is not authorised or is   
unlawful. This announcement and the Offering do not constitute an offer in or   
from the United States, Canada, Australia, Japan or any other jurisdiction where
the dissemination of this announcement or the making of the offer may be illegal
or fails to conform to the laws of such jurisdiction.                           
The GUS announcement contained in the Lewis announcement is only directed at (i)
persons who are outside the United Kingdom or (ii) investment professionals     
falling within Article 19(1) of the United Kingdom Financial Services and       
Markets Act 2000 (Financial Promotion) Order 2001 (the "Order") or (iii) high   
net worth entities, and other persons to whom it may lawfully be communicated,  
falling within Article 49(1) of the Order (all such persons together being      
referred to as "relevant persons"). The offer shares have not been offered or   
sold nor will they be offered or sold in circumstances which have resulted or   
will result in an offer to the public in the United Kingdom within the meaning  
of the United Kingdom Public Offers of Securities Regulations 1995 and are only 
available to, and any invitation, offer or agreement to subscribe, purchase or  
otherwise acquire any offer shares will be engaged in only with, relevant       
persons and where all applicable provisions of the United Kingdom Financial     
Services and Markets Act 2000 ("FSMA") have been complied with. Any person in   
the United Kingdom who is not a relevant person should not act or rely on this  
announcement or any of its contents. In addition no person may communicate or   
cause to be communicated any invitation or inducement to engage in investment   
activity (within the meaning of section 21 of FSMA) received by it in connection
with the issue or sale of any offer shares except in circumstances in which     
section 21(1) of FSMA does not apply.                                           
The offer shares have not been, nor will they be, registered under the United   
States Securities Act of 1933, as amended (the "Securities Act"), or any        
securities laws of any state of the United States, and such shares are not and  
may not be offered or sold within the United States.                            
The offer shares may not, directly or indirectly, be offered, sold, transferred 
to or delivered in the Netherlands, whether at their initial distribution or at 
any time thereafter, and neither this announcement nor any other document in    
respect of the Offering may be distributed or circulated in the Netherlands,    
other than to individuals or legal entities who or which trade or invest in     
securities in the conduct of their profession or trade (which includes banks,   
investment institutions, securities intermediaries, insurance companies, pension
funds, other institutional investors and treasury departments and finance       
companies of large enterprises).                                                
This announcement does not constitute a prospectus within the meaning of Article
652a of the Swiss Code of Obligations of March 30, 1911. Accordingly, the offer 
shares may not be offered or distributed in or from Switzerland on the basis of 
a "public solicitation" and neither this announcement nor any offering material 
relating to the offer shares may be distributed in connection with any offer or 
distribution which may constitute such a solicitation.                          
Date: 19/05/2005 02:31:12 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department