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Tue 2 Mar 2004, 11:44 EXERCISE OF SHARE OPTIONS BY A DIRECTOR
SUPER GROUP LIMITED - EXERCISE OF SHARE OPTIONS BY A DIRECTOR                   
  Super Group Limited                                                             
  (Incorporated in the Republic of South Africa)                                  
  (Registration number: 1943/016107/06)                                           
  ("Super Group")                                                                 
  (ISN number: ZAE000011334)                                                      
  (Share code: SPG)                                                               
  EXERCISE OF SHARE OPTIONS BY A DIRECTOR                                         
  In compliance with rule 3.63 to 3.65 of the JSE Securities Exchange Listing     
  Requirements, the following should be noted:                                    
  Director:                      Dr L. Lipschitz                                  
  Office held:                   Chief Executive Officer                          
  Date transaction effected:     1 March 2004                                     
  Number of shares:              2,930,000                                        
  Ruling price per share:        980 cents                                        
  Class of shares:               Ordinary par value shares of 10 cents each       
  Nature of transaction:         Exercised 1,600,000 share options granted at     
                                 R5.00 each beneficially held by the director and 
                                 1,330,000 share options granted at R4.16 each    
  beneficially held by the director. These shares  
                                 have not been sold.                              
  Clearance has been given in terms of paragraph 3.66 of the JSE Listing          
  Requirements.                                                                   
  2 March 2004                                                                    
  Sandton, South Africa.                                                          
  Sponsor: Deutsche Securities                                                    
  Date: 02/03/2004 11:24:31 AM Produced by the JSE SENS Department                
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