Lewis Group Ltd - Trading Update

Lewis Group Ltd - 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.                                                                         
Lewis advises that its headline earnings per share and earnings per share       
for the six months ended 30 September 2006, prepared on an IFRS basis, is       
expected to be between 70% and 75%  higher than those reported for the          
previous period which included a charge of R58.4 million for share based        
payments.                                                                       
Shareholders" attention is drawn to the SENS announcement dated                 
14 September 2005 in which it was reported that a charge of R58.4 million       
was incurred in the 6 month period ended 30 September 2005 for share based      
payments under IFRS 2, arising from shares made available for no                
consideration by the former holding company GUS Holdings BV.                    
Normalised headline earnings per share and earnings per share for the six       
months ended 30 September 2006, is expected to be between 24% to 28% higher     
than those reported for the previous period. Normalised earnings for the        
previous period excludes the charge of R58.4 million for share based            
payments referred to above.                                                     
The above information has neither been reviewed nor reported on by the          
company"s external auditors.                                                    
The group"s results for the six months ended 30 September 2006 will be          
released on SENS on or about Monday, 13 November 2006.                          
Cape Town                                                                       
25 October 2006                                                                 
Sponsor: UBS                                                                    
Date: 25/10/2006 03:00:02 PM Supplied by www.sharenet.co.za                     
Produced by the JSE SENS Department