PSGPSG - PSG Group Limited - Update To ShareholdersPSG Group LimitedIncorporated in the Republic of South AfricaRegistration number: 1970/008484/06JSE share code: PSGISIN number: ZAE000013017("PSG Group" or "the company")UPDATE TO SHAREHOLDERSShareholders are referred to the withdrawal of PSG Group's cautionaryannouncement dated 16 August 2011. Shareholders are hereby advised, for theavoidance of doubt, that the Curro Holdings Limited unbundling out of PaladinCapital Limited ("Paladin") was implemented on Monday, 15 August 2011 and thatthe conditional intention by PSG Group to make an offer to acquire the entireissued share capital of Paladin by way of a scheme of arrangement is stillproceeding as announced on SENS on 13 July 2011.Furthermore, shareholders are advised that PSG Group has issued 5 879 306ordinary shares at an average price of 4729 cents per share for a total cashconsideration of R278 048 076 under its general authority granted byshareholders at its Annual General Meeting held on 15 June 2011. The rationalefor the aforementioned general issue for cash was to strengthen PSG Group'sbalance sheet to enable it to pursue attractive investment opportunities as andwhen same arise.Stellenbosch17 August 2011SponsorPSG CapitalDate: 17/08/2011 14:56:00 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.