WOOLWORTHS HOLDINGS LIMITED - Federal Court approves David Jones Scheme of Arrangement

Federal Court approves David Jones Scheme of Arrangement

WOOLWORTHS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1929/001986/06
Share code: WHL ISIN: ZAE000063863
(“WHL”)


FEDERAL COURT APPROVES DAVID JONES SCHEME OF ARRANGEMENT


WHL is pleased to advise that the Federal Court of Australia (“the Court”) has today
made orders approving the Scheme of Arrangement (“the Scheme”) between David Jones
Limited (“David Jones”) and its shareholders in terms of which WHL will acquire the entire
issued share capital of David Jones (“the Acquisition”).

David Jones intends to lodge a copy of the orders of the Court approving the Scheme with
the Australian Securities and Investment Commission on Friday, 18 July 2014, at which point
the Scheme will become effective. This will then satisfy the final remaining condition
precedent to the Acquisition. David Jones will apply for its shares to be suspended from
trading at the close of trading on the Australian Securities Exchange on Friday, 18 July 2014.

Implementation of the Acquisition is expected to occur on or about Friday, 1 August 2014
after which David Jones will become a wholly owned subsidiary of WHL.


Cape Town
17 July 2014

Investor contacts:

WHL

Ralph Buddle

Head of Corporate Projects
and Investor Relations

T: +27 21 407 3250
M: +27 83 412 4923
Media contacts:

WHL                             South Africa                Australia

Susie Squire                    Brunswick                   Hintons
Head of Corporate Affairs &
PR                              Nic Bennett                 Angus Urquhart
T:+27 21 407 7546               T:+27 11 502 7300           T: +61 3 9600 1979
M:+27 60 532 3999               M:+27 71 442 2401           M: +61 402 575 684

                                Carol Roos                  Nerida Mossop
                                T:+27 11 502 7300           T: +61 3 9600 1979
                                M:+27 72 690 1230           M: +61 437 361 433



Financial and debt advisers to WHL:
Rothschild
Standard Bank


Legal advisers to WHL:
Gilbert +Tobin
Webber Wentzel
Linklaters


Transaction Sponsor to WHL:
Standard Bank


Independent Sponsor to WHL:
Rand Merchant Bank (a division of FirstRand Bank Limited)


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