LEWIS GROUP LIMITED - Dealing in securities by a director

Dealing in securities by a director

Lewis Group Ltd
Reg. No. 2004/009817/06
JSE Share Code : LEW
ISIN : ZAE 000058236
(Lewis or the “Company”)

Directors Dealings in Securities

In compliance with the requirements 3.63 to 3.74 of the JSE Listings Requirements, the
following should be noted:

1.      The Lewis Executive Performance Scheme – Vesting of Share Awards

In terms of the Lewis Executive Performance Scheme, the share awards granted to the
directors on 17 September 2009 (refer to SENS announcement dated 21 September 2009)
have vested on 13 November 2012 as follows:

                                                                    Share Awards            Implied
     Executive                     Designation                         Vested                Value
J. Enslin             Director, Lewis Group Ltd                        40 000               R2 780 000
L.A. Davies           Director, Lewis Group Ltd                        26 667               R1 853 357
C. Irwin              Director, Lewis Stores (Pty) Ltd                 13 333               R926 644
D. Loudon             Director, Lewis Stores (Pty) Ltd                 20 000               R1 390 000
N. Jansen             Director, Lewis Stores (Pty) Ltd                 13 333               R926 644

The awards were acquired for no consideration and are in respect of ordinary shares. The
implied value was calculated using the share price of R69.50 at the close of business on 12
November 2012.


2.      Sale of Shares

The directors have sold ordinary shares on 13 and 14 November 2012 in order to settle their
tax liability on the awards vested in 1 above and to re-balance their personal portfolios as
follows:


                                                              Number of
    Executive                    Designation                   Shares          Price         Value
J. Enslin            Director, Lewis Group Ltd                 20 000         R68.7148      R1 374 296
L.A. Davies          Director, Lewis Group Ltd                 11 200         R68.7148      R769 606
C. Irwin             Director, Lewis Stores (Pty) Ltd          13 333         R68.7148      R916 174
D. Loudon            Director, Lewis Stores (Pty) Ltd          20 000         R68.7148      R1 374 296
N. Jansen            Director, Lewis Stores (Pty) Ltd          13 333         R68.7148      R916 174

The sale of shares was made on the open market. Where executives have elected to take
transfer of the shares, the transfer will be made off-market.

All the transactions as set out in 1 and 2 above were for the direct benefit of the directors. The
requisite clearances have been obtained.

Cape Town
15 November 2012

Sponsor:
UBS South Africa (Pty) Ltd

Date: 15/11/2012 11:00:00 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.