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Fri 31 Mar 2006, 16:14 Value Group Limited - Change in Directorate
VLE
 VLE                                                                             
Value Group Limited - Change in Directorate                                     
Value Group Limited                                                             
(Incorporated in the Republic of South Africa)                                  
Registration number 1997/002203/06                                              
Share code:  VLE                                                                
ISIN: ZAE000016507                                                              
("Value")                                                                       
Value Group Limited - Change in Directorate                                     
In compliance with the requirements of rule 3.59 of the JSE Listings            
requirements, Value Group Limited advises herewith that Mr Daniel Christoffel   
Marais has tendered his resignation with effect from 31 March 2006.             
The Board wishes to express its appreciation for Mr Daniel Christoffel Marais"  
valuable contribution to Value Group Limited over the past 21 years and wishes  
him every success in his future endeavours.                                     
31 March 2006                                                                   
Sponsor:                                                                        
Investec Bank Limited                                                           
Date: 31/03/2006 04:14:12 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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