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Wed 24 Nov 2004, 9:38 DIRECTORS DEALING IN SECURITIES
VALUE GROUP LIMITED - DIRECTORS DEALING IN SECURITIES                           
VALUE GROUP LIMITED                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/002203/06)                                            
ISIN: ZAE000016507                                                              
Share Code: VLE                                                                 
DIRECTORS DEALING IN SECURITIES                                                 
In compliance with Rules 3.63 - 3.74 of the JSE Listings Requirements, the      
following information is disclosed:                                             
Divisional director of a major                                                  
subsidiary, Value Logistics Ltd    :    Mr Stuart Goldie                        
Number of shares                   :    55,131 Value shares                     
Date of transaction                :    22 November 2004                        
Price per share                    :    R1,60 per share                         
Class of shares                    :    Ordinary                                
Nature of transaction              :    Sale                                    
Nature of interest                 :    Indirect beneficial holding             
Clearance in terms of Rule 3.66 has been obtained.                              
Date: 24/11/2004 09:06:57 AM               
Produced by the JSE SENS Department
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