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                                                              
For the 12 months to end June 2010, comprising 53 weeks, the Group increased    
total turnover by 13.6% to about R67,4 billion, compared to the corresponding   
12 months of 52 weeks in 2009. If the additional week of the current            
reporting period is disregarded, turnover growth was 11.1%. Growth on a like-   
for-like basis was 4.8%. During this period internal food inflation was 2.2%    
compared to 15.8% during the corresponding 12 months.                           
Turnover growth slowed in the second half of the year to 10.3% from 11.9% in    
the first half. This must be viewed against internal food inflation that        
reduced from 4.2% in the first six months to 0.2% in the second.                
The South African supermarket division, the core operation of the Group,        
increased sales by 14.6% (12.0% on a 52 week basis).                            
Turnover of the 106 supermarkets the Group operates outside the borders of      
South Africa declined by 2.1% compared to the previous year`s growth (4.3%      
decline on a 52 week basis) due to the strengthening of the rand against the    
currencies of some of the African countries in which the Group trades. At       
constant currencies, however, these operations grew some 18.0%(15.3% on a 52    
week basis).                                                                    
Despite reduced consumer spending on durable goods the furniture division       
succeeded in growing turnover by 16.7% (14.4% on a 52 week basis) in a          
relatively low inflationary environment.                                        
The above financial information has not been reviewed or reported on by the     
Shoprite Holdings` auditors. The financial results for the review period are    
expected to be published on or about Wednesday, 25 August 2010.                 
Whitey Basson            Carel Goosen                                           
Chief executive          Deputy managing director                               
Tel 021 980 4000                                        

Date issued              15 July 2010                                           
Sponsor                  Nedbank Capital                                        
Date: 15/07/2010 10:00:03 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.