PSG/PGFP - PSG Group / PSG Financial Services - Trading statement

PSG/PGFP - PSG Group / PSG Financial Services - Trading statement               
PSG GROUP LIMITED                                                               
Incorporated in the Republic of South Africa                                    
Registration number 1970/008484/06                                              
JSE share code: PSG  ISIN:  ZAE000013017                                        
("PSG Group")                                                                   
PSG Financial Services Limited                                                  
Registration number 1919/000478/06                                              
JSE share code: PGFP  ISIN code: ZAE000096079                                   
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, a listed company is   
required to publish a trading statement as soon as it becomes aware that the    
financial results for the next period to be reported on will show a 20% or more 
difference from those of the previous corresponding period.                     
PSG Group hereby advises that a reasonable degree of certainty exists that, for 
the six months ended 31 August 2008:                                            
*    recurring headline earnings (i.e. reportable headline earnings before      
    marked-to-market profits/losses, abnormal items not necessarily of a        
    recurring nature, funding costs and secondary tax on companies) will be     
between 103.1 cents and 104.7 cents per share or between 32% to 34% higher; 
*    comparable recurring headline earnings (i.e. excluding equity accounted    
    earnings of investments in associated companies which were previously       
    marked to market) will be between 88.2 cents and 89.7 cents per share or    
between 15% to 17% higher;                                                  
*    headline earnings will be between 27.8 cents and 31.5 cents per share or   
    between 83% to 85% lower; and                                               
*    attributable earnings will be between 28.8 cents and 32.6 cents per share  
or between 83% to 85% lower,                                                
than that for the six months ended 31 August 2007.  The decrease in headline and
attributable earnings per share is as a result of the non-occurrence of the     
previous period`s extraordinary profits on PSG`s market related investment      
portfolio.                                                                      
This financial information has not been reviewed and reported on by the auditors
of PSG Group. The results for the six months ended 31 August 2008 are expected  
to be published on or about 13 October 2008.                                    
Stellenbosch                                                                    
6 October 2008                                                                  
PSG Capital (Pty) Limited                                                       
Sponsor to PSG Group                                                            
Date: 06/10/2008 11:36:06 Supplied by www.sharenet.co.za                     
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