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Tue 20 Apr 2004, 16:36 Dealing In Securities By Directors
Liberty Group Limited - Dealing In Securities By Directors Of Listed Companies 

Release Date: 20/04/2004 16:28:43      Code(s): LGL        
Liberty Group Limited - Dealing in securities by directors of listed companies  
Liberty Group Limited                                                           
Registration number 1957/002788/06                                              
(Incorporated in the Republic of South Africa)                                  
Share Code: LGL                                                                 
ISIN Code: ZAE000024543                                                         
Dealing in securities by directors of listed companies                          
In compliance with the Listings Requirements of the JSE Securities Exchange     
South Africa, the following information is disclosed:                           
Name of director:             M J D Ruck                                        
Name of company:              Liberty Group Limited                             
Date of transaction:          19 April 2004                                     
Nature of transaction:        Mr Ruck has accepted an offer to acquire 200 000  
                              ordinary shares in Liberty Group Limited,         
                              allocated to him in terms of the Liberty Group    
Limited Share Incentive Scheme on 15 March 2004 at
                              a price of R54,25 per share.  Mr Ruck will be     
                              entitled to delivery of 50%, 75% and 100% of the  
                              shares in 2007, 2008 and 2009, respectively.      
Nature and extent                                                               
of director"s interest:       Direct Beneficial                                 
Clearance for this transaction has been obtained in accordance with the Listings
Requirements Provisions.                                                        
Johannesburg                                                                    
20 April 2004                                                                   
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited                                        
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