Lewis Group Ltd - Lewis Trading Update

Lewis Group Ltd - Lewis Trading Update                                          
Lewis Group Ltd                                                                 
Reg. No. 2004/009817/06                                                         
JSE Share Code : LEW                                                            
ISIN : ZAE000058236                                                             
("Lewis")                                                                       
LEWIS TRADING UPDATE                                                            
In terms of the Listings Requirements of the JSE Limited, companies are required
to publish a trading statement as soon as they become reasonably certain that   
the financial results for the period to be reported on next will be more than   
20% different from that of the previous corresponding period.                   
Shareholders" attention is drawn to the SENS announcement dated 14 September    
2005 in which it was reported that a charge of R58.4 million for share based    
payments under IFRS 2 arose from shares made available for no consideration by  
the former holding company GUS Holdings BV.  The charge results in no economic  
cost or dilutionary effect to existing shareholders, has no impact on operating 
performance, net asset value, cash position or gearing of Lewis.                
Lewis advises that its headline earnings and earnings per share for the year    
ended 31 March 2006, prepared on an IFRS basis, including the charge of R58.4   
million for share based payments referred to above, is expected to be between   
15% to 22% higher than those reported for the previous year.                    
Normalised headline earnings and earnings per share for the year ended 31 March 
2006, excluding the charge of R58.4 million for share based payments referred to
above, is expected to be between 26% to 33% higher than those reported for the  
previous year.                                                                  
The above information has neither been reviewed nor reported on by the company"s
external auditors.                                                              
The group"s audited results for the year ended 31 March 2006 will be released on
SENS on or about Monday, 22 May 2006.                                           
Cape Town                                                                       
2 May 2006                                                                      
Date: 02/05/2006 05:00:05 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department