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Value Group Limited - Acquisition by value of countrywide footwear carriers     
(pty) ltd                                                                       
Value Group Limited                                                             
(Incorporated in the Republic of South Africa)                                  
(Registration number 1997/002203/06)                                            
Share code VLE                                                                  
ISIN: ZAE000016507                                                              
(`Value`)                                                                       
ACQUISITION BY VALUE OF COUNTRYWIDE FOOTWEAR CARRIERS (PTY) LTD                 
Further to the announcement dated 18 July 2005, Value shareholders are advised  
that the acquisition has become unconditional in all respects.                  
Johannesburg                                                                    
2 August 2005                                                                   
Investment Bank and Sponsor to Value Group Limited                              
Investec Bank Limited                                                           
Legal advisor to Value Group Limited                                            
Werksmans Inc                                                                   
Date: 02/08/2005 03:07:58 PM
Produced by the JSE SENS Department

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