Results of Annual General meeting The Foschini Group Ltd Registration number 1937/009504/06 Share codes: TFG-TFGP ISIN codes: ZAE000148466 – ZAE000148516 RESULTS OF ANNUAL GENERAL MEETING Shareholders are advised that, at the annual general meeting of shareholders of The Foschini Group Ltd, which was held earlier today, all resolutions as proposed in the notice of the annual general meeting were approved by the requisite majority of members. SPECIFIC REPURCHASE APPROVED IN TERMS OF SPECIAL RESOLUTION 3 Shareholders should take note that the share repurchase agreement adopted by the boards of directors of the group companies contemplates an effective date of 30 November 2012 (although this date can be amended by written agreement between the parties). Accordingly the salient dates are expected to be as follows: Implementation of repurchase Friday 30 November 2012 Cancellation of repurchased shares Friday 30 November 2012 Results of repurchase on SENS Monday 3 December 2012 In addition, shareholders are advised that it is a term of the share repurchase agreement that either group company may resile from the agreement in the event of a change in law which increases any liability for tax of either group company arising out of the share repurchase agreement, the consequence of which would be that the share repurchase transaction is of no further force and effect. The reason for this “change of law” condition is that a draft tax amendment bill has been published, but not yet tabled before Parliament. The group companies in question have taken tax advice on the implications of the proposed share repurchase but, we are advised, the tax implications can only be determined with certainty once the new tax legislation has been finalised. Cape Town 3 September 2012 SPONSOR: UBS South Africa (Pty) Ltd Date: 03/09/2012 04:39:00 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.