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Wed 30 Aug 2006, 13:21 Value Group Limited - Resignation of director
VLE
 VLE                                                                             
     Value Group Limited - Resignation of director                              
     Value Group Limited                                                        
     (Incorporated in the Republic of South Africa)                             
Registration number:   1920/002203/06                                      
     Share code:   VLE                                                          
     ISIN: ZAE000016507                                                         
     ("Value")                                                                  
Resignation of director                                                    
     In compliance with the requirements of rule 3.59 of the JSE Listings       
     requirements, Value Group Limited advises herewith that Mr Brian Ernest    
     Goldie has tendered his resignation with effect from 30 August 2006.       
The Board wishes to express its appreciation for Mr Brian Goldie"s valuable
     contribution to Value Group Limited over the past seven years and wishes   
     him every success in his future endeavours.                                
     30 August 2006                                                             
Sponsor:                                                                   
     Investec Bank Limited                                                      
Date: 30/08/2006 01:21:05 PM Produced by the JSE SENS Department                
                                                                                
                                                                                
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