PSG                                                                             
PSG - PSG Group Limited - Dealing in PSG Group Limited shares by an associate of
a director                                                                      
PSG Group Limited                                                               
Incorporated in the Republic of South Africa                                    
Registration number 1970/008484/06                                              
Share code: PSG                                                                 
ISIN code: ZAE000013017                                                         
DEALING IN PSG GROUP LIMITED SHARES BY AN ASSOCIATE OF A DIRECTOR               
In compliance with rules 3.63 to 3.74 of the JSE Limited Listings Requirements, 
the following information is disclosed:                                         
NAME OF DIRECTOR                   J F Mouton                                   
STATUS:EXECUTIVE/NON-EXECUTIVE     Non-Executive                                
TYPE OF SECURITIES                 Shares                                       
CLASS OF SECURITIES                Ordinary                                     
DATE OF TRANSACTION                22 May 2012                                  
CENTS PER SHARE                    5 659                                        
NUMBER OF SECURITIES TRANSACTED    420                                          
TOTAL RAND VALUE OF SECURITIES     R23 767.80                                   
NAME OF ASSOCIATE                  DC Mouton                                    
RELATIONSHIP WITH DIRECTOR         Spouse                                       
NATURE OF TRANSACTION              Acquisition of shares by an associate        
                                  of the director(On-market transaction)        
NATURE AND EXTENT OF INTEREST IN   Indirect, non-beneficial                     
THE TRANSACTION                                                                 
CLEARANCE OBTAINED                 Not required                                 
24 May 2012                                                                     
Stellenbosch                                                                    
Sponsor                                                                         
PSG Capital                                                                     
Date: 24/05/2012 09:21:01 Produced by the JSE SENS Department.                  
The SENS service is an information dissemination service administered by the    
JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or            
implicitly, represent, warrant or in any way guarantee the truth, accuracy or   
completeness of the information published on SENS. The JSE, their officers,     
employees and agents accept no liability for (or in respect of) any direct,     
indirect, incidental or consequential loss or damage of any kind or nature,     
howsoever arising, from the use of SENS or the use of, or reliance on,          
information disseminated through SENS.