Group Five Limited - Results of Annual General Meeting and General Meeting

Group Five Limited - Results of Annual General Meeting and General Meeting      
Group Five Limited                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration Number 1969/000032/06)                                            
Share code: GRF                                                                 
ISIN: ZAE000027405                                                              
("Group Five" or "the company")                                                 
Results of Annual General Meeting and General Meeting                           
Annual General Meeting                                                          
Shareholders are advised that, at the annual general meeting of Group Five held 
at the registered office of the company today, all the resolutions were passed  
by the requisite majority of shareholders.  Shareholders are informed that the  
ordinary resolutions relating to placing the unissued shares under the control  
of the directors and the general authority to issue shares for cash were        
withdrawn prior to the commencement of the annual general meeting.              
The special resolution will be submitted for registration at the Registrar of   
Companies in due course.                                                        
General Meeting                                                                 
Shareholders are advised that, at the general meeting of Group Five held at the 
registered office of the company today, the ordinary and special resolutions    
relating to the introduction of direct black ownership into the company, were   
unanimously passed by Group Five"s shareholders.                                
Shareholders are informed that the Scheme Rules of the new Management Incentive 
Scheme as contained in Ordinary Resolution Number 5 will be amended as follows: 
"Paragraph 2.1.14   "Grant Price" : the price per share payable by a            
                    participant, which price shall be an amount equal to the 30 
                    Day Value Weighted Average Price (30 Day VWAP) at Date of   
Grant.                                                      

Paragraph 5.1       Shares available for the Scheme : the aggregate number of   
                    Shares which may be utilised for the purpose of the Scheme  
                    on any day, when added to the total number of unexercised   
Share Appreciation Rights (SAR) which have been granted     

                    under this Scheme and any shares which have been allocated  
                    to Employees under any other employee share scheme operated 
                    by the company which falls under Schedule 14 of the JSE     
Listings Requirements, shall not exceed 10% (ten percent) of

                    the number of issued ordinary shares of the company."       
Johannesburg                                                                    
29 September 2005                                                               
Investment bank and sponsor                                                     
Nedbank Capital                                                                 
Date: 29/09/2005 04:13:21 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department