PSG/PGFP - PSG Group/PSG Financial Services - Change in board and audit

PSG/PGFP - PSG Group/PSG Financial Services - Change in board and audit         
committee membership                                                            
PSG GROUP LIMITED                                                               
Incorporated in the Republic of South Africa                                    
Registration number 1970/008484/06                                              
ISIN:  ZAE000013017                                                             
JSE share code: PSG                                                             
("PSG Group")                                                                   
PSG Financial Services Limited                                                  
Registration number 1919/000478/06                                              
JSE share code: PGFP                                                            
ISIN code: ZAE000096079                                                         
("PSG Financial Services")                                                      
CHANGE IN BOARD AND AUDIT COMMITTEE MEMBERSHIP                                  
Shareholders are advised that Dr Jacobus van Zyl Smit, an independent non-      
executive director and chairman of the audit committees of PSG Group and PSG    
Financial Services, has retired from the boards of the aforementioned companies 
with effect from 19 March 2009.                                                 
Jaap du Toit, now an independent non-executive director, succeeds Dr Van Zyl    
Smit as independent chairman of the audit committees of PSG Group and PSG       
Financial Services.                                                             
The boards of PSG Group and PSG Financial Services thank Dr Van Zyl Smit for his
loyalty and valued contribution throughout the years and wish him well in his   
retirement.                                                                     
Stellenbosch                                                                    
23 March 2009                                                                   
Sponsor                                                                         
PSG Capital (Pty) Limited                                                       
Date: 23/03/2009 10:35:02 Supplied by www.sharenet.co.za                     
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