MR PRICE GROUP LIMITED - Final trading statement and final cash dividend declaration for the 53 weeks ended 2 April 2016

Final trading statement and final cash dividend declaration for the 53 weeks ended 2 April 2016

 Mr Price Group Limited
(Registration number 1933/004418/06)
(Incorporated in the Republic of South Africa)
ISIN: ZAE000200457
JSE share code: MRP
(“the company”)

FINAL TRADING STATEMENT AND FINAL CASH DIVIDEND DECLARATION FOR THE 53 WEEKS ENDED 2 APRIL 2016

The year end results have been finalised and the final trading statement is provided as follows:

                                            2016                  2015            % change
                                   52 weeks     53 weeks      52 weeks      52 weeks     53 weeks
Earnings per share (cents)
Basic                               1 032.9      1 046.5         917.3          12.6         14.1
Headline                            1 035.2      1 057.8         919.7          12.6         15.0
Diluted basic                         989.1      1 002.1         862.9          14.6         16.1
Diluted headline                      991.2      1 012.9         865.1          14.6         17.1
Dividends per share                   667.0        667.0         580.0                       15.0
Dividend payout ratio (%)                           63.1          63.1

The detailed audited year end results will be released on SENS on 31 May 2016.

The above mentioned figures and financial information have not been reviewed and reported on
by the company's external auditors.

FINAL CASH DIVIDEND DECLARATION

Notice is hereby given that a final gross cash dividend of 419.0 cents per share has been declared
for the 53 weeks ended 2 April 2016, an increase of 13.7%. The increase in the final dividend is
lower than headline earnings per share growth due to the increase in the dividend payout ratio at
the interim stage and is based on the 53 week results. As the dividend has been declared from
income reserves, shareholders, unless exempt or who qualify for a reduced withholding tax rate,
will receive a net dividend of 356.150 cents per share.

The issued share capital at the declaration date is 255 995 880 listed ordinary and 10 945 081
unlisted B ordinary shares. The tax reference number is 9285/130/20/0.

The salient dates for the dividend are as follows:

Last date to trade 'cum' the dividend                          Friday      17 June 2016
Date trading commences 'ex' the dividend                       Monday      20 June 2016
Record date                                                    Friday      24 June 2016
Payment date                                                   Monday      27 June 2016

Shareholders may not dematerialise or rematerialise their share certificates between Monday 20
June 2016 and Friday 24 June 2016, both dates inclusive.
On behalf of the board

NG Payne - Chairman
SI Bird - Chief Executive Officer

Durban
23 May 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23/05/2016 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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