PGFP PSGPSG / PGFP - PSG Group / PSG Financial Services - Resignation and newappointment of directors of PSG Group and PSG Financial ServicesPSG Group LimitedIncorporated in the Republic of South AfricaRegistration number 1970/008484/06Share code: PSGISIN code: ZAE000013017("PSG Group")PSG Financial Services LimitedRegistration number 1919/000478/06Share Code: PGFPISIN code: ZAE000096079("PSG Financial Services")RESIGNATION AND NEW APPOINTMENT OF DIRECTORS OF PSG GROUP AND PSG FINANCIALSERVICESResignationShareholders are hereby informed that Pierre Malan has resigned as a non-executive director of PSG Group and PSG Financial Services from 16 February2009. He shall remain within the PSG Group as executive Chairman of PSG Capital(Pty) Limited.New appointmentShareholders are further informed that Piet Mouton has been appointed as anexecutive director to the Boards of PSG Group and PSG Financial Services witheffect from 16 February 2009. Piet has enjoyed a longstanding association withPSG through his appointment as managing director of the BEE investment holdingcompany Thembeka Capital Limited (formerly Altx listed company Arch EquityLimited) and formerly as an executive at both Paladin Capital and QuinceCapital.Chris Otto, executive director since the establishment of PSG Group in November1995, will become a non-executive director with effect from 16 February 2009.He shall continue to serve as a director of various companies of, or associatedwith, PSG Group.Stellenbosch18 February 2009SponsorPSG Capital (Pty) LimitedDate: 18/02/2009 10:18:03 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.