MR PRICE GROUP LIMITED - Trading Update To 28 August 2012

Mr Price Group Limited
Registration number 1933/004418/06
Incorporated in the Republic of South Africa
ISIN: ZAE 000026951
JSE share code: MPC
("Mr Price" or "the company" or "the group")

TRADING UPDATE TO 28 AUGUST 2012


For the first four months of the financial year ending 30 March

2013 (18 weeks to 4 August 2012), Mr Price reported total sales

growth of 14.9% and comparable sales growth of 9.5%. Units sold

increased by 9.7% and inflation of 4.7% was recorded. The

company opened 24 and closed 5 stores since year end. Total and

weighted average trading space increased by 3.5% and 1.8%

respectively. Cash sales constituted 78.5% (LY: 81.2%) of total

sales. Total sales growth of 14.6% has been recorded for the
period ended 28 August 2012.


The Apparel Division, which represents 71.6% of group sales and

which comprises Mr Price, Mr Price Sport and Miladys, reported

sales growth for the period of 15.0% and comparable sales growth

of 9.3%. Units sold increased by 9.7% and inflation of 4.9% was

recorded. Total and weighted average trading space increased by
4.6% and 2.7% respectively.


The Home Division, comprising Mr Price Home and Sheet Street

recorded sales growth of 14.4% and an increase in comparable

sales of 10.1%. Units sold increased by 10.0% and inflation of

4.1% was recorded. Total and weighted average trading space
increased by 1.7% and 0.3% respectively.


The above-mentioned figures do not constitute an earnings

forecast and have not been reviewed and reported on by the
company's external auditors.

Durban
30 August 2012

Sponsor

RAND MERCHANT BANK (A division of FirstRand Bank Limited)


Date: 30/08/2012 03:00:00 Supplied by www.sharenet.co.za                     
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