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WHL - Woolworths Holdings Limited - Purchase of shares by the company in

Release Date: 01/09/2011 16:52
Code(s): WHL
Wrap Text

WHL - Woolworths Holdings Limited - Purchase of shares by the company in terms of the Woolworths long term incentive plan Woolworths Holdings Limited (Incorporated in the Republic of South Africa) (Registration number 1929/001986/06) Share code: WHL ISIN: ZAE000063863 ("Woolworths", "the group" or "the company") PURCHASE OF SHARES BY THE COMPANY IN TERMS OF THE WOOLWORTHS LONG TERM INCENTIVE PLAN ("LTIP") In compliance with the JSE Limited Listings Requirements, the following information is disclosed: Director : Simon Susman Company : Woolworths Holdings Limited Date of transaction : 31 August 2011 Nature of transaction : Purchase of shares in terms of LTIP Class of securities : Ordinary shares Number of shares : 365,142 Purchase price (weighted average) : R36.3604 Total value of transaction : R13,276,709.18 Highest price : R36.65 Lowest price : R35.15 Nature of interest : Indirect beneficial Clearance obtained : Yes Transaction completed : On market Director : Norman Thomson Company : Woolworths Holdings Limited Date of transaction : 31 August 2011 Nature of transaction : Purchase of shares in terms of LTIP Class of securities : Ordinary shares Number of shares : 208,688 Purchase price (weighted average) : R36.3604 Total value of transaction : R7,587,979.16 Highest price : R36.65 Lowest price : R35.15 Nature of interest : Indirect beneficial Clearance obtained : Yes Transaction completed : On market Director : Zyda Rylands Company : Woolworths Holdings Limited Date of transaction : 31 August 2011 Nature of transaction : Purchase of shares in terms of LTIP Class of securities : Ordinary shares Number of shares : 152,847 Purchase price (weighted average) : R36.3604 Total value of transaction : R5,557,578.06 Highest price : R36.65 Lowest price : R35.15 Nature of interest : Indirect beneficial Clearance obtained : Yes Transaction completed : On market Group secretary : Cherrie Lowe Company : Woolworths Holdings Limited Date of transaction : 31 August 2011 Nature of transaction : Purchase of shares in terms of LTIP Class of securities : Ordinary shares Number of shares : 172,565 Purchase price (weighted average) : R36.3604 Total value of transaction : R6,274,532.43 Highest price : R36.65 Lowest price : R35.15 Nature of interest : Indirect beneficial Clearance obtained : Yes Transaction completed : On market These shares have been purchased in terms of the rules of the Long Term Incentive Plan. The awards have vested after a three year performance period and to the extent that the performance conditions have been satisfied. The company is obliged to purchase shares to settle the value of the vested portion of the awards. While Mr Susman no longer participates in the group`s share schemes, this entitlement relates to the period of his employment as Chief executive officer. Cape Town 1 September 2011 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 01/09/2011 16:52:01 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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