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Mon 4 Oct 2004, 15:01 Dealing in securities by directors of listed compa
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)                                  
Registration number 1957/002788/06                                              
Share Code: LGL                                                                 
ISIN Code: ZAE000024543                                                         
Dealing in securities by directors of listed companies                          
In compliance with paragraph 3.63 of the Listings Requirements of the JSE       
Securities Exchange South Africa, the following information is disclosed:       
Name of director:                       H I Appelbaum                           
Name of company:                        Liberty Group Limited                   
Date:                                   30 September 2004                       
Strike price and number of options:     7500 @ R36,44 per share                 
                                        3704 @ R37,00 per share                 
Number of options implemented:          11204                                   
Total value of securities                                                       
at strike price:                        R410 348,00                             
Class of securities:                    Ordinary shares                         
Periods of exercise and/or vesting:     Options granted:                        
                                        10 September 1998 @ R36,44              
                                        28 September 1999 @R37,00               
                                        Options exercised:                      
30 September 2004                       
Nature of transaction:                  Exercise of share options               
Nature and extent of                                                            
director`s interest:                    Direct Beneficial                       
Johannesburg                                                                    
1 October 2004                                                                  
Sponsor                                                                         
Merrill Lynch South Africa (Pty) Limited
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