PSG GROUP LIMITED - Notification of Acquisition of Interest

Notification of Acquisition of Interest

PSG Group Limited
Incorporated in the Republic of South Africa
Registration number: 1970/008484/06
JSE share code: PSG
ISIN number: ZAE000013017
(“PSG Group”)

NOTIFICATION OF ACQUISITION OF INTEREST

In accordance with section 122(3)(b) of the South African Companies Act,
No. 71 of 2008, as amended, and section 3.83(b) of the JSE Limited
Listings Requirements, shareholders are hereby advised that the Company
has received a formal notification in the prescribed form that Steinhoff
International Holdings Limited (“Steinhoff”) has acquired an interest in
the ordinary shares of the Company such that the total interest held by
Steinhoff now amounts to 25.04% of the total issued ordinary share capital
of the Company.

Two PSG Group non-executive directors disposed of their PSG Group shares
to Steinhoff in exchange for Steinhoff shares as part of the
aforementioned acquisition.

Stellenbosch
29 June 2015

Sponsor and corporate adviser
PSG Capital

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