Group Five/Dawn- Transaction announcement and impact on cautionary announcements

Group Five/Dawn- Transaction announcement and impact on cautionary announcements
Group Five Limited                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1969/000032/06)                                            
Share code: GRF                                                                 
ISIN: ZAE000027405                                                              
("Group Five")                                                                  
Distribution and Warehousing Network Limited                                    
(Incorporated in the Republic of South Africa)                                  
(Registration number 1984/008265/06)                                            
Share code: DAW                                                                 
ISIN: ZAE000018834                                                              
("DAWN")                                                                        
Transaction announcement and impact on cautionary announcements                 
Introduction                                                                    
Further to the cautionary announcements released on 27 February 2006, 6 April   
2006 and 29 May 2006 by Group Five and the cautionary announcements released on 
8 May 2006, 16 May 2006 and 26 June 2006 by DAWN, the Boards of Directors of    
Group Five and DAWN are pleased to announce the conclusion of agreements in     
terms of which Group Five will dispose of its interests in DPI Holdings         
(Proprietary) Limited and the business of Vaal Sanitaryware to DAWN ("the       
Transaction"), subject to suspensive conditions.                                
The Transaction is not a categorised transaction for the purposes of the JSE    
Limited Listings Requirements in respect of Group Five or DAWN.                 
Withdrawal of Group Five cautionary                                             
As the Transaction has been announced and it is not a categorised transaction,  
Group Five shareholders are no longer required to exercise caution when trading 
in Group Five shares.                                                           
Renewal of DAWN cautionary announcement                                         
DAWN shareholders are advised that DAWN is still in negotiations which if       
successfully concluded may have an effect on the company"s securities.          
Accordingly, shareholders are advised to continue exercising caution when       
trading in the company"s shares until a further announcement is made.           
Rivonia and Johannesburg                                                        
11 July 2006                                                                    
Investment Bank and Sponsor to Group Five      Corporate Adviser to DAWN        
Nedbank Capital                                Bishop CorpFin                   
Legal adviser to Group Five                    Legal adviser to DAWN            
Prinsloo, Tindle and Andropoulos Inc           Werksmans Inc                    
Sponsor to DAWN                  

                                               Deliottes                        
Date: 11/07/2006 08:10:10 AM Supplied by www.sharenet.co.za                     
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