TRUWORTHS: SURRENDER OF SHARE CERTIFICATES

TRUWORTHS INTERNATIONAL LIMITED
  (Incorporated in the Republic of South Africa)
  (Registration number 1944/017491/06)
  ("Truworths International" or "the company")

SURRENDER OF SHARE CERTIFICATES IN EXCHANGE FOR A SHARE STATEMENT UNDER THE
SHARE TRANSFER AND REPLACEMENT ("STAR") PROGRAMME

HSBC Investment Services (Africa) (Pty) Limited is authorised to announce that
the directors of Truworths International have considered that it is in the best
interests of the company and its shareholders to implement the STAR programme
to facilitate an orderly transition to Share Transactions Totally Electronic
("STRATE").

ALL EXISTING SHARE CERTIFICATES WILL CEASE TO BE GOOD FOR DELIVERY FOR
TRANSACTIONS ENTERED INTO ON THE JSE SECURITIES EXCHANGE SOUTH AFRICA and the
Namibian Stock Exchange, FROM THE CLOSE OF BUSINESS ON FRIDAY,9 MARCH 2001.
Shareholders will be required to surrender their existing share certificates
together with the surrender and share transfer form and, if applicable, the
Private Shareholder Custody Mandate (which will appoint Mercantile Bank Limited
as the Custodian of the surrendered shares) contained in the circular posted to
Truworths International shareholders today.

Cape Town                               19 February 2001
Sponsor in South Africa
  HSBC Investment Services (Africa) (Pty) Limited
  Reg. No. 1984/001736/07
Sponsoring broker in Namibia
  HSBC
  Phillip JA van Heerden
  Member of the Namibian Stock Exchange
  Trading as
  HSBC Securities (Namibia) (Pty) Limited
  Reg. No. 95/505
Custodian bank
  Mercantile Bank Limited
  (Registration number 1965/006706/06)
Transfer secretaries in South Africa
  Mercantile Registrars Limited
  (Registration number 1987/003382/06)
Transfer secretaries in Namibia
  Transfer Secretaries (Pty) Ltd Namibia