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Thu 20 May 2004, 12:02 Further Cautionary Announcement
Super Group Limited - Further Cautionary Announcement 

Release Date: 20/05/2004 11:42:00      Code(s): SPG        
Super Group Limited - Further Cautionary Announcement                           
SUPER GROUP LIMITED                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1943/016107/06)                                            
(Share code: SPG)                                                               
ISIN Code:   ZAE000011334                                                       
(`Supergroup` or `the Company`)                                                 
PEU INVESTMENT GROUP (PROPRIETARY)                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1996/03899/07)                                             
(`Peu`)                                                                         
FURTHER CAUTIONARY ANNOUNCEMENT                                                 
Shareholders of Super Group are referred to the cautionary announcement dated 8 
April 2004 regarding an empowerment transaction that will result in Peu         
acquiring an equity holding of 25.1% in Super Group.                            
Shareholders of Super Group are advised that the requisite legal agreements are 
still being finalised. Accordingly, shareholders are advised to continue to     
exercise caution when trading in their securities until a further announcement  
is made.                                                                        
Johannesburg                                                                    
20 May 2004                                                                     
Financial adviser and sponsor                                                   
Deutsche Securities (SA) (Proprietary) Limited                                  
Legal adviser                                                                   
Nucleus Corporate Finance (Proprietary) Limited                                 
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