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Wed 4 Aug 2010, 15:04 VLE - Value Group - Finalisation announcement
VLE
VLE                                                                             
VLE - Value Group - Finalisation announcement                                   
Value Group Limited                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/002203/06)                                            
Share code: VLE & ISIN: ZAE000016507                                            
("Value Group")                                                                 
FINALISATION ANNOUNCEMENT:                                                      
BLACK ECONOMIC EMPOWERMENT TRANSACTION ("BEE TRANSACTION") AND PRO RATA         
VOLUNTARY SHARE REPURCHASE OFFER ("REPURCHASE OFFER")                           
Value Group shareholders are advised that registration by the Companies and     
Intellectual Property Registration Office of the special resolutions relating to
the BEE transaction and repurchase offer, as detailed in the circular dated     
Thursday, 1 July 2010 has been effected.                                        
Value Group shareholders are advised that the remaining salient dates and times 
relating to the repurchase offer are as follows:                                
2010     
                                                                                
Last day to trade to participate in repurchase offer, on   Friday, 13 August    
                                                                                
Value Group ordinary shares trade ex repurchase offer      Monday, 16 August    
                                                                                
Record date for the repurchase offer, on                   Friday, 20 August    
                                                                                
Last date to lodge forms of acceptance and surrender by    Friday, 20 August    
12:00, on                                                                       
                                                                                
Repurchase offer closes at 12:00, on                       Friday, 20 August    

Results of repurchase offer released on SENS, on           Monday, 23 August    
                                                                                
Repurchase offer consideration posted or cash                                   
electronically transferred to certificated shareholders,   Monday, 23 August    
on                                                                              
                                                                                
Accounts held with CSDP/broker credited and updated in                          
respect of the repurchase offer consideration to           Monday, 23 August    
dematerialised shareholders, on                                                 
                                                                                
By order of the board.                                                          
Johannesburg                                                                    
4 August 2010                                                                   
Sponsor                Reporting accountants   Attorneys to Value Group         
Investec               Charles Orbach &        Bowman Gilfillan Inc.            
Company                                                   
                                                                                
Corporate advisor      Attorneys to Phosa SPV  Independent Professional         
                                              Expert                            
Charles Orbach &       Brian Kahn Inc.         Mazars Corporate Finance         
Company Corporate                              (Pty) Ltd                        
Finance (Pty) Ltd                                                               
Date: 04/08/2010 15:04:01 Produced by the JSE SENS Department.                  
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