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VALUE GROUP LIMITED - DIRECTORS DEALING IN SECURITIES                           
VALUE GROUP LIMITED                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/002203/06)                                            
ISIN: ZAE000016507                                                              
Share Code: VLE                                                                 
DIRECTORS DEALING IN SECURITIES                                                 
In compliance with Rules 3.72 - 3.75 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Director:                     D C Marais                                        
Number of shares:             100 000                                           
Date of transaction:               21 November 2003                             
Price per share:              102 cents                                         
Class of shares:              Ordinary                                          
Nature of transaction:        Sale                                              
Nature of interest:           Indirect beneficial                               
Date: 24/11/2003 01:33:18 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department

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