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Fri 29 Oct 2004, 14:42 Dealing in shares by director
SAGE GROUP LIMITED - Dealing in shares by director                              
SAGE GROUP LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1970/010541/06)                                            
Share code: SGG                                                                 
ISIN: ZAE000006623                                                              
(`Sage Group`)                                                                  
Dealing in securities by a director                                             
In compliance with paragraphs 3.63 to 3.74 of the Listings Requirements of the  
JSE Securities Exchange South Africa (`Listings Requirements`), the following   
dealing took place by a director of Sage Group on 28 October 2004:              
Name of director                      Mr H L Shill                              
Position                              Non-executive director                    
Date                                  28 October 2004                           
Class of security                     Ordinary shares                           
Type of transaction                   Purchase                                  
Price                                 154 cents per share                       
Number of ordinary shares             200 000                                   
Value of transaction                  R308 700                                  
Nature of interest                    Non beneficial/indirect                   
Clearance to deal was obtained in terms of paragraph 3.66 of the Listings       
Requirements.                                                                   
Johannesburg                                                                    
29 October 2004                                                                 
Sponsor                                                                         
Grant Thornton Corporate Finance                                                
(Proprietary) Limited
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