Group Five - Establishment of a domestic medium term note programme and credit

Group Five - Establishment of a domestic medium term note programme and credit  
             rating                                                             
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")                                                 
ESTABLISHMENT OF A DOMESTIC MEDIUM TERM NOTE PROGRAMME AND CREDIT RATING        
Nedbank Capital, a division of Nedbank Limited ("Nedbank Capital") is authorised
to announce that Group Five, through its major wholly owned subsidiary Group    
Five Construction (Proprietary) Limited, has established a R1 billion Domestic  
Medium Term Note Programme ("DMTN Programme") to be registered on the Bond      
Exchange South Africa on Thursday, 7 December 2006. The DMTN Programme is       
guaranteed by Group Five. The DMTN programme will broaden the company"s ability 
to access capital via the South African debt capital market. It is anticipated  
that the first debut issue under the DMTN Programme will take place in the first
quarter of 2007.                                                                
Global Credit Ratings has accorded Group Five a long-term credit rating of A    
(Single A) and a short-term rating of A1 (A one). The rating outlook on the     
company is stable.                                                              
For any queries please contact Nedbank Capital +27 11 535-4027.                 
Sandton                                                                         
8 December 2006                                                                 
Investment Bank and Sponsor                                                     
Nedbank Capital, a division of Nedbank Limited                                  
Legal Adviser                                                                   
Deneys Reitz Incorporated                                                       
Date: 08/12/2006 08:00:12 AM Supplied by www.sharenet.co.za                     
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