LEWIS GROUP LIMITED - Directors Dealings in Securities

Directors Dealings in Securities

Lewis Group Ltd
Reg. No. 2004/009817/06
JSE Share Code : LEW
ISIN : ZAE 000058236
JSE Code: LEW01
ISIN No: ZAG000110222
(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 13 June 2012 (refer to SENS announcement dated 15 June 2012) have
vested on 13 June 2015 as follows:

                                                            Share Awards        Implied
    Executive                  Designation                     Vested            Value
J. Enslin          Director, Lewis Group Ltd                   37 527           R3 645 373
L.A. Davies        Director, Lewis Group Ltd                   29 520           R2 867 573
D. Loudon          Director, Lewis Stores (Pty) Ltd            19 176           R1 862 757
N. Jansen          Director, Lewis Stores (Pty) Ltd            19 332           R1 877 910
R. Oliphant        Director, Lewis Stores (Pty) Ltd             6 421            R623 736

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R97.14 at the close of
business on 12 June 2015.


2.     The Lewis Co-Investment Scheme – Exercise of Matching Share Awards

In terms of the Lewis Co-Investment Scheme, the matching share awards granted on
13 June 2012 (refer to SENS announcement dated 15 June 2012) were exercised by
the directors on 13 June 2015 as set out below:

                                                       Matching Share      Total
     Executive                Designation                 Awards           Value
                                                         Exercised
 J. Enslin          Director, Lewis Group Ltd              22 270        R2 163 308
 L.A. Davies        Director, Lewis Group Ltd              17 850        R1 733 949
 D. Loudon          Director, Lewis Stores (Pty) Ltd       11 444        R1 111 670
 N. Jansen          Director, Lewis Stores (Pty) Ltd       11 690        R1 135 567
 R. Oliphant        Director, Lewis Stores (Pty) Ltd        3 393         R329 596

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R97.14 at the close of
business on 12 June 2015.
3.      Sale of Shares

The directors have sold ordinary shares on 15 and 17 June 2015 in order to settle their
tax liability on the awards vested in 1 and 2 above and to re-balance their personal
portfolios as follows:


                                                      Number of Volume
     Executive               Designation               Shares   Weighted   Value
                                                                Average
                                                                 Price
J. Enslin          Director, Lewis Group Ltd           48 018   R95.7881 R4 599 553
L.A. Davies        Director, Lewis Group Ltd           18 948   R95.7881 R1 814 993
D. Loudon          Director, Lewis Stores (Pty) Ltd    13 320   R95.7881 R1 275 897
N. Jansen          Director, Lewis Stores (Pty) Ltd    31 022   R95.7881 R2 971 538
R. Oliphant        Director, Lewis Stores (Pty) Ltd    11 850   R95.7881 R1 135 089

The sale of shares was made on the open market. The high and low prices for each
director for the above sales were R 98.14 and R 95.00 respectively.

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 to 3 above were for the direct benefit of the
directors. The requisite clearances have been obtained.

Cape Town
18 June 2015

Sponsor:
UBS South Africa (Pty) Ltd

Date: 18/06/2015 01:56:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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