LEW - Lewis- Revenue and debtors book update for the quarter ended 5 January

LEW - Lewis- Revenue and debtors book update for the quarter ended 5 January    
2008                                                                            
Lewis Group Limited                                                             
Incorporated in the Republic of South Africa                                    
Registration number : 2004/009817/06                                            
JSE share code : LEW                                                            
ISIN : ZAE000058236                                                             
("Lewis")                                                                       
REVENUE AND DEBTORS BOOK UPDATE FOR THE QUARTER AND 9 MONTHS ENDED 5 JANUARY    
2008                                                                            
Revenue growth for the quarter ended 5th January 2008 increased by 8% with the  
cumulative revenue growth for the 9 months ended 5th January 2008 increasing by 
10%.  Merchandise sales for the quarter increased by 2% with cumulative sales   
growth for the 9 months up 5%.                                                  
Although trading conditions have been challenging the sales performance of the  
main product categories - furniture (53% of total sales) and appliances (25% of 
total sales) has been satisfactory with a cumulative sales increase of 12% for  
the 9 months ended 5 January 2008.  The electronic category (22% of total sales)
which traditionally is a discretionary consumer spend has been impacted by the  
tough trading environment and is 12% lower.                                     
Collections during the quarter ended 5th January 2008 were slightly below       
budget.  The overall condition of the debtors book on 5th January 2008 as       
measured by the doubtful debt provision is 14% of Net Debtors compared to 15%   
last year.                                                                      
Lewis will announce its FY08 results on Monday 19 May 2008.                     
The above information has not been reviewed or reported on by Lewis` auditors.  
Cape Town                                                                       
21 January 2008                                                                 
Sponsor : UBS                                                                   
Date: 21/01/2008 09:50:02 Supplied by www.sharenet.co.za                     
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