PSG - PSG Group Limited - Declaration of dividend of 56 cents per ordinary

PSG - PSG Group Limited - Declaration of dividend of 56 cents per ordinary      
share in respect of the financial year ended 29 February 2012                   
PSG Group Limited                                                               
Incorporated in the Republic of South Africa                                    
Registration number: 1970/008484/06                                             
JSE share code: PSG                                                             
ISIN number: ZAE000013017                                                       
("PSG Group" or "the company")                                                  
DECLARATION OF DIVIDEND OF 56 CENTS PER ORDINARY SHARE ("FINAL DIVIDEND") IN    
RESPECT OF THE FINANCIAL YEAR ENDED 29 FEBRUARY 2012                            
PSG Group`s policy remains to pay up to 100% of free cash flow as an ordinary   
dividend. The directors have consequently resolved to declare a final           
dividend of 56 cents (2011: 47 cents) per share for a total dividend of 82      
cents (2011: 67 cents) per share in respect of the financial year ended 29      
February 2012.                                                                  
The final dividend has been determined based on the Company`s estimated free    
cash flow of R151 million as per the unaudited management accounts of the       
company for the financial year ended 29 February 2012, and has not been         
reviewed or reported on by the auditors of the company.                         
The increase in the total dividend compared to that of the corresponding        
period in the prior year should not be construed as being indicative of the     
consolidated attributable and headline earnings of the PSG Group for the        
financial year ended 29 February 2012.                                          
Only once a reasonable degree of certainty exists regarding the consolidated    
attributable and headline earnings of the PSG Group for the financial year      
ended 29 February 2012, will consideration be given to whether a trading        
statement needs to be published or not. The results for the financial year      
ended 29 February 2012 are expected to be released on or about 16 April 2012.   
The following are the salient dates for the payment of the final dividend:      
Last day to trade cum-dividend                     Friday, 23 March 2012        
Trading ex-dividend commences                      Monday, 26 March 2012        
Record date Friday,                                30 March 2012                
Payment date Monday,                               2 April 2012                 
Share certificates may not be dematerialised or rematerialised between          
Monday, 26 March 2012 and Friday, 30 March 2012, both days included.            
Stellenbosch                                                                    
2 March 2012                                                                    
Sponsor - PSG Capital                                                           
Date: 02/03/2012 16:53:01 Supplied by www.sharenet.co.za                     
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