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 20 June 2011 (refer to SENS announcement dated 22 June 2011) have
vested on 20 June 2014 as follows:

                                                            Share Awards        Implied
Executive                      Designation                     Vested            Value
J. Enslin          Director, Lewis Group Ltd                   31 782           R2 034 048
L.A. Davies        Director, Lewis Group Ltd                   25 468           R1 629 952
D. Loudon          Director, Lewis Stores (Pty) Ltd            16 326           R1 044 864
N. Jansen          Director, Lewis Stores (Pty) Ltd            16 689           R1 068 096

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R64.00 at the close of
business on 19 June 2014.


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
20 June 2011 (refer to SENS announcement dated 22 June 2011) were exercised by
the directors on 20 June 2014 as set out below:

                                                       Matching Share      Total
     Executive                Designation                 Awards           Value
                                                         Exercised
 J. Enslin          Director, Lewis Group Ltd              28 399        R1 817 536
 L.A. Davies        Director, Lewis Group Ltd              23 269        R1 489 216
 D. Loudon          Director, Lewis Stores (Pty) Ltd       11 747         R751 808
 N. Jansen          Director, Lewis Stores (Pty) Ltd          424         R27 136

The awards were acquired for no consideration and are in respect of ordinary shares.
The implied value was calculated using the share price of R64.00 at the close of
business on 19 June 2014.
3.      Sale of Shares

The directors have sold ordinary shares on 20 and 23 June 2014 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           39 181   R63.3879         R2 483 601
L.A. Davies        Director, Lewis Group Ltd           24 497   R63.3879         R1 552 813
D. Loudon          Director, Lewis Stores (Pty) Ltd    35 121   R63.3879         R2 226 246
N. Jansen          Director, Lewis Stores (Pty) Ltd    16 689   R63.3879         R1 057 881

The sale of shares was made on the open market. The high and low prices for each
director for the above sales were R63.8253 and R62.9176 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
24 June 2014

Sponsor:
UBS South Africa (Pty) Ltd

Date: 24/06/2014 05:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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