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Fri 30 Mar 2007, 15:20 LGL/LBH - Liberty - Acquisition by Liberty Life of
LGL   LBH
 LIBU  LBH                                                                       
LGL/LBH - Liberty - Acquisition by Liberty Life of the remaining 62.6% of the   
shares in STANLIB Limited                                                       
LIBERTY GROUP LIMITED                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1957/002788/06)                                            
Share code: LGL                                                                 
ISIN: ZAE000057360                                                              
Issuer code: LIBU                                                               
("Liberty Life")                                                                
LIBERTY HOLDINGS LIMITED                                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 1968/002095/06)                                            
Share code: LBH                                                                 
ISIN: ZAE000004032                                                              
("Liberty Holdings")                                                            
ACQUISITION BY LIBERTY LIFE OF THE REMAINING                                    
62.6% OF THE SHARES IN STANLIB LIMITED                                          
Further to the announcement on SENS on Monday, 29 January 2007 and in the South 
African press on Tuesday, 30 January 2007, shareholders of Liberty Life and     
Liberty Holdings are hereby informed that all conditions precedent have been    
fulfilled.                                                                      
The JSE Limited has approved the listing of 9 732 582 new ordinary shares of 10 
cents each in the issued share capital of Liberty Life to be issued with effect 
from Tuesday, 10 April 2007.  These shares are to be allotted and issued to     
Standard Bank Group Limited and Quantum Leap Investments 740 (Pty) Limited as   
part of the settlement for the acquisition by Liberty of the remaining 62.6% of 
the shares in STANLIB Limited.                                                  
Johannesburg                                                                    
30 March 2007                                                                   
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Ltd                                            
Attorneys                                                                       
Werksmans Inc                                                                   
Independent expert                                                              
Deutsche Securities (SA) (Proprietary) Limited                                  
Reporting accountants                                                           
PricewaterhouseCoopers Advisory Services (Proprietary) Limited                  
Date: 30/03/2007 13:34:51 Produced by the JSE SENS Department.
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