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Fri 29 Nov 2002, 16:05 LIBERTY GROUP LIMITED - RESIGNATION OF DIRECTOR
LIBERTY GROUP LIMITED - RESIGNATION OF DIRECTOR                                 
Liberty Group Limited                                                           
(Incorporated in the Republic of South Africa)                                  
(Registration number 1957/002788/06)                                            
Share Code: LIBU                                                                
ISIN Code: ZAE000024543                                                         
RESIGNATION OF DIRECTOR                                                         
Reuel Khoza is a shareholder and chairman of Aka Capital which has acquired a   
stake in BoE Asset Management. Regretfully this has given rise to a conflict of 
interest and consequently we have accepted his resignation from the Liberty     
Group board with immediate effect.                                              
The chairman and board are highly appreciative of the valued contribution Reuel 
has made to the company since May 1999.                                         
Derek Cooper                                                                    
Chairman                                                                        
Liberty Group Limited                                                           
29 November 2002                                                                
Sponsor                                                                         
Merrill Lynch (South Africa) (Proprietary) Limited                              
Date: 29/11/2002 03:33:52 PM Produced by the JSE SENS Department                


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