PGFP PSGPSG/PGFP - PSG Group - Trading Statement and Terms AnnouncementPSG Group LimitedIncorporated in the Republic of South AfricaRegistration number 1970/008484/06JSE share code: PSG- interest income was taxed at 29%; and- the after tax earnings attributable to the 15% interest in JSEfor the six months ended 31 August 2006 of R227.9 million hasbeen excluded.(3) The net asset value and net tangible asset value per share figures inColumn 2 have been calculated on the basis that the transaction waseffected on 31 August 2006 based on the following assumptions:- the total aggregate disposal consideration less capital gains taxat 14.5% was received on that date; and- the after tax carrying value of the 15% interest in JSE as at 31August 2006 has been excluded.6. Rationale for the disposalPSG Group was unsuccessful in its statedobjective to increase its strategic investment in JSE beyond 15% and toobtain JSE board representation. With no prospect of this situationchanging in future, PSG Group decided to dispose of its 15% interest inJSE.7. Application of disposal considerationThe disposal consideration will be used to make further strategicinvestments.Stellenbosch15 March 2007Sponsor to PSG GroupPSG Capital LimitedDate: 15/03/2007 12:26:00 Produced by the JSE SENS Department.