THE FOSCHINI GROUP LIMITED - Closed period share repurchase programme

Closed period share repurchase programme

THE FOSCHINI GROUP LIMITED
Reg. No.: 1937/009504/06
Code: TFG
ISIN: ZAE000148466
("TFG" or the "company")

CLOSED PERIOD SHARE REPURCHASE PROGRAMME

In   compliance   with   the   JSE   Listings   requirements,
shareholders are advised that the company has entered into a
repurchase programme to repurchase shares during its closed
period.   The closed period will commence on 1 October 2013
and is anticipated to end on or about 7 November 2013, when
the group’s interim results for the period ended 30
September 2013 are expected to be released on SENS.

The maximum aggregate consideration payable in terms of the
repurchase programme is R250 million.

The mandate relating to the repurchase programme is
irrevocable, and any repurchases made pursuant thereto will
be carried out on the JSE within certain predetermined
parameters that have been agreed in writing with the broking
firm.

Any repurchases so effected will be in accordance with the
general authority granted by special resolution of the
company’s shareholders passed at the company’s annual
general meeting held on 2 September 2013 and in compliance
with   the   relevant  provisions   of   the   JSE   Listings
Requirements and the Companies Act (71 of 2008), as amended.


Cape Town
30 September 2013

SPONSOR
UBS South Africa (Pty) Ltd

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