for the year ended 30 June 2012

The summary consolidated financial statements, which comprise the consolidated group income statement, consolidated statement of financial position as at 30 June 2012, consolidated statements of comprehensive income, changes in equity and cash flows for the year then ended, and related notes, as set out on pages 112 to 123, are derived from the audited consolidated annual financial statements of Group Five Limited for the year ended 30 June 2012. We expressed an unmodified audit opinion on those consolidated annual financial statements in our report dated 10 August 2012.

The summary consolidated financial statements do not contain all the disclosures required by International Financial Reporting Standards and the requirements of the Companies Act of South Africa as applicable to annual financial statements. Reading the summary consolidated financial statements, therefore, is not a substitute for reading the audited consolidated annual financial statements of Group Five Limited.

Directors’ responsibility for the summary consolidated financial statements

The company’s directors are responsible for the preparation of a summary of the audited consolidated annual financial statements in accordance with IAS 34 and the requirements of the Companies Act of South Africa as applicable to summary financial statements.

Auditor's responsibility

Our responsibility is to express an opinion on the summary consolidated financial statements based on our procedures, which were conducted in accordance with International Standard on Auditing ("ISA") 810, "Engagements to Report on Summary Financial Statements".

Opinion

In our opinion, the summary consolidated financial statements derived from the audited consolidated annual financial statements of Group Five Limited for the year ended 30 June 2012 are consistent, in all material respects, with those consolidated annual financial statements, in accordance with IAS 34 and the requirements of the Companies Act of South Africa as applicable to summary financial statements.

PricewaterhouseCoopers Inc.
Director: AJ Rossouw
Registered Auditor
Sunninghill

10 August 2012