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SHP - Shoprite Holdings Limited - Trading Update

Release Date: 11/08/2008 15:44
Code(s): SHP
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SHP - Shoprite Holdings Limited - Trading Update 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 ("Shoprite" or "the company") TRADING UPDATE In terms of the JSE Limited Listings Requirements, companies must publish a trading update as soon as they are reasonably certain that the financial results for the current reporting period will be more than 20% different from that of the corresponding period of the previous year. In light of this requirement, Shoprite hereby states that it expects both basic and fully diluted earnings per share for the 12 months ended June 2008 to be between 40% and 50% higher than those of the corresponding period in 2007. Headline earnings per share and diluted headline earnings per share are expected to be between 45% and 55% higher than those of the prior corresponding period. These results should be viewed against the following: The results in the 2007 financial year were depressed by industrial action that severely disrupted trading particularly in Shoprite, the company`s biggest brand Shoprite`s non-RSA business increased its trading profit at a rate substantially above that of the rest of the company. Shareholders are advised that the above information has not been reviewed or reported on by Shoprite`s external auditors. The company`s results for the 12 months ended 30 June 2008 are expected to be released on or about 2 September 2008. Whitey Basson Carel Goosen Chief executive Deputy managing director Tel 021 980-4000 Date issued 11 August 2008 Sponsor Nedbank Capital Date: 11/08/2008 15:44:02 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

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