GRF - Group Five Limited - Dealing in securities by directors of a major

GRF - Group Five Limited - Dealing in securities by directors of a major        
subsidiary                                                                      
Group Five Limited                                                              
(Registration number: 1969/000032/06)                                           
(Incorporated in the Republic of South Africa)                                  
Share Code: GRF      ISIN Code: ZAE000027405                                    
("Group Five")                                                                  
DEALING IN SECURITIES BY DIRECTORS OF A MAJOR SUBSIDIARY                        
In terms of paragraph 3.63 - 3.65 of the JSE Limited Listings Requirements, the 
following information, relating to the dealing in securities by directors of a  
major subsidiary, is disclosed:                                                 
Executive director:                GD Mottram                                   
Office held:                       Director of a major subsidiary               
Name of Company:                   Group Five Construction (Proprietary) Limited
Transaction date:                  9 March 2011                                 
Number of shares:                  38 002                                       
Volume weighted average                                                         
price per share:                   R26.95 per share                             
Highest trading price:             R27.50                                       
Lowest trading price:              R26.55                                       
Deemed transaction value:          R1 024 153.90                                
Nature of transaction:             Exercise of 150 000 share appreciation rights
                                  under the Group Five Share Appreciation       
Rights Scheme, with a strike price of R40.65  

                                  and settled by the delivery of  38 002 Group  
                                  Five ordinary shares in terms of a set        
                                  formula(off market)                           
Extent of interest:                Direct beneficial                            
Written clearance obtained:        Yes                                          
Executive director:                AJ McJannet                                  
Office held:                       Director of a main subsidiary                
Name of Company:                   Group Five Construction (Proprietary) Limited
Transaction date:                  8 March 2011                                 
Number of share options:           12 500                                       
Strike price:                      R36.82 per share option                      
Transaction value:                 R460 250                                     
Nature of transaction:             Exercise of share options under the Group    
                                  Five Share Incentive Scheme (off market)      
Extent of interest:                Direct beneficial                            
Written clearance obtained:        Yes                                          
Johannesburg                                                                    
10 March 2011                                                                   
Sponsor                                                                         
Nedbank Capital                                                                 
Date: 10/03/2011 15:04:01 Supplied by www.sharenet.co.za                     
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