SHP - Shoprite Holdings Limited - Operational Update

SHP - Shoprite Holdings Limited - Operational Update                            
SHOPRITE HOLDINGS LIMITED                                                       
(Incorporated in the Republic of South Africa)                                  
Registration no. 1936/007721/06                                                 
ISIN: ZAE000012084                                                              
JSE share code: SHP                                                             
NSX share code: SRH                                                             
LuSE share code: SHOPRITE                                                       
("The Group")                                                                   
OPERATIONAL UPDATE                                                              
The Group performed satisfactorily in the six months to 31 December 2009,       
growing turnover by 11,9% to R33,1 billion. Growth on a like-for-like basis     
was 6,4%. This performance must be seen against internal inflation that         
dropped to under 3% in December 2009.                                           
Its supermarket operation in South Africa increased sales by 14,6% and by 9,1%  
on a like-for-like basis.                                                       
Due to the weakening of most non-RSA currencies against the rand the turnover   
of the Group`s non-RSA supermarkets in rand terms declined by 4,3% and, on a    
like-for-like basis, by 9,3%. At constant currencies an acceptable rand         
turnover growth of 16,3% was achieved.                                          
Against the background of a furniture industry that was more unfavourably       
affected by the economic downturn, the Group`s furniture division sales grew    
by 11,5% for the six months.                                                    
The above financial information has not been reviewed or reported on by         
Shoprite Holding`s auditors. The financial results for the review period will   
be published on Tuesday, 23 February 2010.                                      
Whitey Basson                 Carel Goosen                                      
Chief Executive               Deputy Managing Director                          
Tel 021 980 4000                                                                
Date issued                   13 January 2010                                   
Sponsor                       Nedbank Capital                                   
Date: 13/01/2010 08:00:04 Supplied by www.sharenet.co.za                     
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