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WOOLWORTHS HOLDINGS LIMITED - Completion Of Acquisition Of Witchery By Country Road (Australia) And Appointment Of New Members To The Country Road

Release Date: 02/10/2012 15:13
Code(s): WHL     PDF:  
Wrap Text
Completion Of Acquisition Of Witchery By Country Road (Australia) And Appointment Of New Members To The Country Road

Woolworths Holdings Limited
(Incorporated in the Republic of South Africa)
Registration number: 1929/001986/06
Share code: WHL
ISIN: ZAE000063863
(“WHL” or “the company”)

COMPLETION OF ACQUISITION OF WITCHERY BY COUNTRY ROAD (AUSTRALIA) AND
APPOINTMENT OF NEW MEMBERS TO THE COUNTRY ROAD BOARD

Further to the announcement released by WHL on SENS on 1 August 2012 regarding the
acquisition by Country Road Limited ("Country Road"), an 88% indirectly owned subsidiary of WHL
and listed on the Australian Securities Exchange ("ASX"), of Witchery Group from Gresham Private
Equity (“the acquisition”), WHL shareholders are advised that:

-    the acquisition has now been completed; and
-    as a result of the acquisition, the appointment of Iain Nairn as the Chief Executive Officer of
     Country Road and the other senior executive and board appointments detailed in the
     announcement on 1 August 2012 are effective immediately.

Shareholders should refer to the announcement on 1 August 2012 for full details on the rationale
and funding of the acquisition and are further alerted to an announcement released by Country
Road on the ASX today, 2 October 2012.


Thobeka Sishuba-Mashego
Group Secretary

Cape Town
02 October 2012

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 02/10/2012 03:13:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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