RNS Number:4438X
Liberty Group Ld
07 April 2004



                             LIBERTY GROUP LIMITED

LIBERTY GROUP LIMITED - INCREASE IN ISSUED SHARE CAPITAL ARISING FROM
IMPLEMENTATION OF SHARE OPTIONS IN TERMS OF THE LIBERTY GROUP LIMITED SHARE
OPTION SCHEMES


Notification is hereby given that Liberty Group Limited has issued 1,176,692 new
ordinary shares of 10 cents each pursuant to the implementation of share options
in terms of the Liberty Group Limited Share Incentive Schemes.


Accordingly application has been made to the JSE and London Stock Exchange for
these shares to be admitted to the Official List and for these shares to be
admitted to trading with effect from 7 April 2004 on the JSE and 13 April 2004
on the London Stock Exchange.


The shares rank pari passu with the existing issued ordinary shares of Liberty
Group Limited. The issued ordinary share capital of Liberty Group Limited after
the above issue is 275,847,728 shares of 10 cents each.



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