LEWIS GROUP LIMITED - Lewis Group Limited Directors Dealing in Securities

Lewis Group Limited – Directors’ Dealing 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 14 June 2013 (refer to SENS announcement dated 19 June 2013) have
vested on 14 June 2016 as follows:

                                                            Share Awards        Implied
    Executive                  Designation                     Vested            Value
J. Enslin          Director, Lewis Group Ltd                   33 488           R1 641 247
L.A. Davies        Director, Lewis Group Ltd                   25 879           R1 268 330
D. Loudon          Director, Lewis Stores (Pty) Ltd            17 300           R 847 873
N. Jansen          Director, Lewis Stores (Pty) Ltd            17 428           R 854 146
R. Oliphant        Director, Lewis Stores (Pty) Ltd             5 619           R 275 387

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R49.01 at the close of
business on 13 June 2016.


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
14 June 2013 (refer to SENS announcement dated 19 June 2013) were exercised by
the directors on 14 June 2016 as set out below:

                                                       Matching Share      Total
     Executive                Designation                 Awards           Value
                                                         Exercised
 J. Enslin          Director, Lewis Group Ltd              25 917        R1 270 192
 L.A. Davies        Director, Lewis Group Ltd              20 390        R 999 314
 D. Loudon          Director, Lewis Stores (Pty) Ltd       13 247        R 649 235
 N. Jansen          Director, Lewis Stores (Pty) Ltd       13 359        R 654 725
 R. Oliphant        Director, Lewis Stores (Pty) Ltd        4 847        R 237 551

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R49.01 at the close of
business on 13 June 2016.
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
20 June 2016
Sponsor: UBS South Africa (Pty) Ltd

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