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Tue 9 Apr 2002, 0:00 Psg Group Limited - Tradek Transaction
PSG GROUP LIMITED
(Registration number 1970/008484/06)
("PSG Group")
Share Code: PSG
ISIN: ZAE000013017
TRADEK TRANSACTION
We refer to an announcement by Tradek Holdings Limited ("Tradek") dated 12
March 2002 in terms whereof it was announced that Tradek acquired the entire
issued share capital of PSG Investment Services (Pty) Ltd from PSG Group and
staff.  The aforesaid transaction was subject to various suspensive
conditions.  Subsequent to the announcement the agreement between the
parties has lapsed by mutual agreement.  PSG Group has no further
liabilities in terms of the Tradek-transaction and will continue to
investigate other opportunities in the stock broking environment.
SPONSOR
PSG Investment Bank Limited
ENQUIRIES
Jannie Mouton (021 - 887-9602)

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