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Tue 3 May 2005, 16:48 Value Group Limited - Trading Statement
Value Group Limited - Trading Statement                                         
Value Group Limited                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/002203/06)                                            
Share code VLE                                                                  
ISIN: ZAE000016507                                                              
(`Value`)                                                                       
TRADING STATEMENT                                                               
In terms of the Listings Requirements of the JSE Securities Exchange South      
Africa, companies are required to publish a trading statement as soon as they   
become reasonably certain that the financial results for the period to be       
reported on next differ by more than 20% from that of the previous corresponding
period.                                                                         
Value is currently finalising its results for the year ended 28 February 2005,  
which should be released on SENS on or about 10 May 2005.                       
In this regard, shareholders are advised that headline earnings per share are   
likely to be 20% to 30% higher than the corresponding previous reporting period.
The forecast financial information on which this trading statement is based has 
not been reviewed and reported on by the Company`s auditors.                    
Johannesburg                                                                    
3 May 2005                                                                      
Investec Bank Limited                                                           
Sponsor to Value Group Limited                                                  
Date: 03/05/2005 04:28:04 PM                  
Produced by the JSE SENS Department                                             
                                                                                
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