Operational Update SHOPRITE HOLDINGS LIMITED (Incorporated in the Republic of South Africa) Registration no. 1936/007721/06 ISIN: ZAE 000012084 JSE share code: SHP NSX share code: SRH LuSE share code: SHOPRITE (“Shoprite” or “the Group”) SHOPRITE SHOWS STRONG GROWTH IN FIRST QUARTER The Shoprite Group has reported strong growth in the first quarter of its 2013 financial year despite the continuation of depressed market conditions. Total turnover increased by15,6% compared to 10,8% in the corresponding three months. The high turnover growth was boosted by a strong performance, by its non-RSA division, positively influenced by the weakening of the rand, as well as further market share gains in South Africa. The Group’s core business, Supermarkets RSA, grew turnover by 12,2% with internal food inflation averaging 3,6% compared to 4,0% for the corresponding three months in 2011. Internal food inflation was below the official food inflation of 5,3% and real sales growth of 8.6% was achieved. Shoprite CEO Whitey Basson said the performance of the Group’s non-RSA operations was boosted by the opening of 20 new food outlets since October 2011. Of these, eight were Shoprite supermarkets and 12 were Usave stores. In constant currency terms, turnover growth for the African operation was 26,4% compared to 13,9% in the corresponding three months. The increase in rand terms was 34,3% in comparison to 12,7% in 2011. Although the highly competitive market conditions in which the furniture division traded remained virtually unchanged, turnover grew 11,9% despite the continuing deflationary environment. Other divisions in the Group which in addition to OK Franchise include Medirite and Computicket, grew turnover by 29%. Basson said that consumers are under increasing pressure, making it difficult to predict spending patterns going into the festive season. Ends ISSUED BY DKC (De Kock Communications) ON BEHALF OF Shoprite Holdings (Pty) Ltd DATE ISSUED Monday, 29 October 2012 ENQUIRIES Brian Weyers, Shoprite Corporate Marketing Director 021 980-4252 Ben de Kock, DKC, 021 422 2690 Cape Town 29 October 2012 Sponsor Nedbank Capital Date: 29/10/2012 09:00:00 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.