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Thu 30 Nov 2006, 8:22 UCS - Exercise of options on shares to be held by
UCS
 UCS                                                                             
UCS - Exercise of options on shares to be held by a Director                    
UCS GROUP LIMITED                                                               
(Incorporated in the Republic of South Africa)                                  
(Registration number 1993/002253/06)                                            
JSE code: UCS                                                                   
ISIN: ZAE000016150                                                              
("UCS" or "the Company")                                                        
EXERCISE OF OPTIONS ON SHARES TO BE HELD BY A DIRECTOR                          
In compliance with section 3.63 of the Listings Requirements of the JSE Limited,
UCS hereby advises that options on shares have been exercised and will be held  
by an executive director as follows:                                            
Name of director:                         NA Michelson                          
Date exercised:                           28 November 2006                      
Number of options exercised:              250,000                               
Options strike price:                     60 cents                              
Total value:                              R150,000                              
Option issue date:                        1 April 2003                          
Class of security:                        Ordinary shares                       
Interest in transaction:                  Indirect beneficial                   
Clearance obtained in terms of            Yes                                   
paragraph 3.66                                                                  
Johannesburg                                                                    
29 November 2006                                                                
Sponsor:                                                                        
Barnard Jacobs Mellet Corporate Finance (Pty) Limited                           
Date: 30/11/2006 08:22:24 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
                                                                                
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