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Wed 15 Oct 2003, 14:04 TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT
L.A. GROUP LIMITED -           
L.A. GROUP LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1936/008786/06)                                            
Share Code: LAR  ISIN: ZAE000028676                                             
Share Code: LAN ISIN: ZAE000028684                                              
("L.A. Group" or "the company")                                                 
TRADING STATEMENT AND CAUTIONARY ANNOUNCEMENT                                   
In terms of the new Listings Requirements of the JSE Securities Exchange South  
Africa ("JSE"), listed companies are required to publish a trading statement as 
soon as they become aware that the financial results for the period to be       
reported on next will be different to that of the previous corresponding period.
Shareholders are advised that the interim results for the period to 31 August   
2003 are expected to be materially lower than that of the corresponding six     
month period ending 31 August 2002.                                             
The word "materially" is defined by the JSE Listings Requirements as meaning a  
difference of between 10 and 30%.                                               
The financial information on which this trading statement is based has not yet  
been reviewed or reported on by the company"s auditors.  Shareholders are       
therefore advised to exercise caution in trading in the company"s shares until  
release of the interim results of L.A. Group, which is expected by 30 October   
2003.                                                                           
15 October 2003                                                                 
Cape Town                                                                       
Sponsor                                                                         
SASFIN CORPORATE FINANCE                                                        
A division of Sasfin Bank Limited                                               
Date: 15/10/2003 01:58:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department
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