PSGPSG - PSG Group - Announcement Relating To The Disposal Of 34.6% Interest InChannel Life LimitedPSG GROUP LIMITEDIncorporated in the Republic of South AfricaRegistration number 1970/008484/06JSE share code: PSGand- the net proceeds would have earned interest at an after taxinterest rate of 7.92%.2. The increase in earnings and headline earnings per share whencalculating the pro forma financial effects is the result of ChannelLife's equity accounted loss for the six months ended 31 August 2008included in the "Unaudited Before the transaction" column having beenreplaced by after tax interest income (i.e. a profit) in the "Proforma After the transaction" column.3. The net asset value and net tangible asset value per share figures inthe "Pro forma After the transaction" column have been calculated onthe basis that the transaction was effected on 31 August 2008.Stellenbosch9 February 2009PSG Capital (Pty) LimitedSponsor to PSG GroupDate: 09/02/2009 08:35:41 Produced by the JSE SENS Department.The SENS service is an information dissemination service administered by theJSE Limited ('JSE'). The JSE does not, whether expressly, tacitly orimplicitly, represent, warrant or in any way guarantee the truth, accuracy orcompleteness 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.