Unaudited Financial Results And Dividend Declaration For The Six Months Ended 31 August 2019 PSG GROUP LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1970/008484/06) JSE Limited (“JSE”) share code: PSG ISIN code: ZAE000013017 (“PSG Group” or “the company”) PSG FINANCIAL SERVICES LIMITED (Incorporated in the Republic of South Africa) (Registration number: 1919/000478/06) JSE share code: PGFP ISIN code: ZAE000096079 (“PSG Financial Services”) UNAUDITED FINANCIAL RESULTS AND DIVIDEND DECLARATION FOR THE SIX MONTHS ENDED 31 AUGUST 2019 1. SALIENT FEATURES Recurring earnings per share increased by 16% to R5.84 (2018: R5.03). Headline earnings per share increased by 12% to R5.68 (2018: R5.07). Attributable earnings per share increased by 24% to R6.39 (2018: R5.16). Profit before finance costs and taxation increased by 17% to R2.49bn (2018: R2.13bn). Dividend per share increased by 8% to R1.64 (2018: R1.52). At 31 August 2019, the sum-of-the-parts value per share was R259.56 (28 February 2019: R311.45), whilst at 11 October 2019 it was R299.57. 2. ORDINARY DIVIDEND DECLARATION Ordinary shares The directors of the company have resolved to declare an interim gross ordinary dividend of R1.64 (2018: R1.52) per share from income reserves for the six months ended 31 August 2019. The interim ordinary dividend amount, net of South African dividend tax of 20%, is R1.312 (2018: R1.216) per share for those shareholders that are not exempt from dividend tax. The number of ordinary shares in issue at the declaration date is 232 163 254, and the income tax number of the company is 9950080714. The salient dates for this ordinary dividend distribution are: Last day to trade cum dividend Tuesday, 5 November 2019 Trading ex-dividend commences Wednesday, 6 November 2019 Record date Friday, 8 November 2019 Payment date Monday, 11 November 2019 Share certificates may not be dematerialised or rematerialised between Wednesday, 6 November 2019, and Friday, 8 November 2019, both days inclusive. Preference shares The directors of PSG Financial Services declared a gross dividend of 428.07 cents per share in respect of the cumulative, non-redeemable, non-participating preference shares for the six months ended 31 August 2019, which was paid on Monday, 23 September 2019. The related detailed announcement was disseminated on the JSE’s Stock Exchange News Service on Friday, 30 August 2019. 3. SHORT-FORM ANNOUNCEMENT This short-form announcement is the responsibility of the directors of the company. It contains only a summary of the information in the full announcement and does not contain full or complete details. The full announcement can be found at: https://senspdf.jse.co.za/documents/2019/JSE/ISSE/PSG/PSGHY20.pdf The full announcement is also available for viewing on the company’s website at http://www.psggroup.co.za/InterimReportAug2019.pdf or may be requested and obtained in person, at no charge, at the registered office of the company or the company’s sponsor during office hours. Any investment decisions should be based on consideration of the full announcement. 4. WEBCAST Shareholders are invited to join PSG Group’s interim results presentation via webcast at 10h30 on Wednesday, 16 October 2019, by registering at: https://www.corpcam.com/PSG16102019 Stellenbosch 15 October 2019 Sponsor PSG Capital Date: 15/10/2019 02:18:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.