SHOPRITE HOLDINGS LIMITED - TRADING STATEMENT

SHOPRITE HOLDINGS LIMITED - TRADING STATEMENT                                   
SHOPRITE HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration no. 1936/007721/06                                                 
ISIN:  ZAE 000012084                                                            
JSE share code:  SHP                                                            
NSX share code:  SRH                                                            
LuSE share code:  SHOPRITE                                                      
("the Group")                                                                   
TRADING STATEMENT                                                               
For the six months to 2 January 2005, comprising 27 weeks, the Group increased  
turnover by 14,1% to approximately R15,2 billion, compared to the corresponding 
six months of 26 weeks in 2003. If the additional week of the current reporting 
period is disregarded, turnover growth was 10,3%.                               
All other comparatives contained in this trading statement have been calculated 
on the basis of a 26-week period.                                               
The six months to 2 January 2005 represent a successful trading period for the  
Group, with all its retail divisions reporting good growth in turnover, despite 
internal food deflation of between 0,3% and 1,3% in the different brands.       
Management is satisfied with this achievement and in particular with the        
improvement in non-food sales.                                                  
The Checkers brand continued to reflect the value of its new positioning by its 
customer support, with turnover growth of 7,4% on a like-for-like basis. Three  
new stores were opened during the period under review.                          
Shoprite, harder hit than Checkers by internal food deflation, given its mass-  
market customer profile and product mix, grew turnover on a like-for-like basis 
by 8,7% and overall by 11,9%.  Eight new stores were opened during the period   
under review.                                                                   
The roll-out of Usave outlets continued at a pace to keep up with support for   
the brand, and a further 17 new stores were opened during the period under      
review, to bring the total to 74.                                               
Good growth was again experienced in the Furniture Division in line with the    
rest of the industry, and turnover increased 15,9% on a like-for-like basis and 
18,1% overall. This was achieved in a highly competitive market, buoyed by      
strong consumer demand and lower prices for imported goods given the            
strengthening of the rand.                                                      
The Group"s non-RSA operations performed in line with expectations. Sales       
increased 20,1% at constant conversion rates. If currency fluctuations are taken
into account, this turnover growth translated into 12,4% in rand terms.         
On 15 December 2004 the Group opened a hyper store in a modern shopping centre  
in Mumbai, India. Turnover has increased consistently and Group management is   
excited about the enormous potential for growth in India.                       
The above financial information has not been reviewed or reported on by the     
Groups auditors.  The interim results for the six months to 2 January 2005 are  
expected to be published on or about 1 March 2005.                              
JW Basson, CEO, or CG Goosen, deputy managing director (tel 021 980 4000).      
Date issued         10 January 2005                                             
Sponsor             Nedbank Capital                                             
Date: 10/01/2005 08:00:11 AM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department