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Wed 24 May 2006, 17:47 L.A. Group - Implementation of scheme of arrangeme
LAN   LAR
 LAR                                                                             
L.A. Group - Implementation of scheme of arrangement and termination of listing 
L.A. GROUP LIMITED                                                              
(Incorporated in the Republic of South Africa)                                  
(Registration number 1936/008786/06)                                            
Share Code: LAR & ISIN: ZAE000028676                                            
Share Code: LAN & ISIN: ZAE000028684                                            
("L.A. Group")                                                                  
IMPLEMENTATION OF SCHEME OF ARRANGEMENT AND TERMINATION OF LISTING OF L.A. GROUP
L.A. Group shareholders are reminded that all conditions precedent which were   
required to be fulfilled in order for the implementation of the scheme of       
arrangement in terms of Section 311 of the Companies Act (act 61 of 1973), as   
amended have been fulfilled and accordingly all salient dates previously        
announced remain in force.  Accordingly, the scheme consideration record date   
and the election record date is Friday, 26 May 2006 and the scheme operative    
date is Monday, 29 May 2006.                                                    
Cape Town                                                                       
24 May 2006                                                                     
Sponsor to L.A. Group                                                           
Sasfin Capital                                                                  
Date: 24/05/2006 05:47:18 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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