PSG Group Ltd. provided earnings guidance for the six month period ended August 31, 2014. For the six month, recurring headline earnings per share will be between 250 cents and 255 cents, or between 28.7% and 31.2% higher than the 194.3 cents reported for the six months ended August 31, 2013; Headline earnings per share will be between 310 cents and 315 cents, or between 29.7% and 31.8% higher than the 239 cents reported for the six months ended August 31, 2013; and attributable earnings per share will be between 300 cents and 310 cents, or between 21.9% and 25.9% higher than the 246.2 cents reported for the six months ended August 31, 2013. The increase in recurring headline earnings per share and headline earnings per share were due to strong performances from the majority of PSG's key investments.

Headline earnings per share is higher than recurring headline earnings per share as PSG achieved significant non-recurring headline marked-to-market profits in respect of Thembeka's portfolio of listed shares during the period under review.