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Fri 13 Apr 2012, 17:23 PSG/PGFP - PSG Group / PSG Financial Services - Trading Statement
JSE   PGFP  PSG
PGFP  PSG                                                                       
PSG/PGFP - PSG Group / PSG Financial Services - Trading Statement               
PSG GROUP LIMITED                                                               
Incorporated in the Republic of South Africa                                    
Registration number 1970/008484/06                                              
JSE share code: PSG   ISIN:  ZAE000013017                                       
("PSG")                                                                         
PSG Financial Services Limited                                                  
Incorporated in the Republic of South Africa                                    
Registration number 1919/000478/06                                              
JSE share code: PGFP  ISIN code: ZAE000096079                                   
RECURRING HEADLINE EARNINGS                                                     
PSG continues to use the recurring headline earnings method to provide          
management and investors with a more realistic and transparent way of evaluating
PSG`s earnings performance. Consolidated recurring headline earnings represent  
the sum of PSG`s effective interest in that of each strategic investment,       
regardless of its percentage shareholding. The result is that investments in    
which PSG or an underlying investment holds less than 20% and are generally not 
equity accountable in terms of accounting standards, are included in the        
calculation of our consolidated recurring headline earnings. Marked-to-market   
fluctuations and one-off items are excluded.                                    
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Limited, a listed company is   
required to publish a trading statement as soon as it becomes aware that the    
financial results for the next period to be reported on will show a 20% or more 
difference from those of the previous corresponding period.                     
PSG hereby advises that a reasonable degree of certainty exists that, for the   
year ended 29 February 2012:                                                    
-    recurring headline earnings will be between 308 cents and 310 cents per    
    share or between 27.3% to 28.2% higher; and                                 
-    headline earnings will be between 325 cents and 327 cents per share or     
    between 6.0% to 6.6% higher; and                                            
-    attributable earnings will be between 403 cents and 406 cents per share or 
    between 4.3% to 5.0% lower                                                  
than that for the year ended 28 February 2011.                                  
This financial information has not been reviewed and reported on by the auditor 
of PSG Group Limited. The results for the year ended 29 February 2012 will be   
published on or about 16 April 2012.                                            
Stellenbosch                                                                    
13 April 2012                                                                   
PSG Capital                                                                     
Sponsor to PSG                                                                  
Date: 13/04/2012 17:23:01 Produced by the JSE SENS Department.                  
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