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TRUWORTHS INTERNATIONAL LIMITED - Business update

Release Date: 08/11/2012 09:45
Code(s): TRU     PDF:  
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Business update

Truworths International Limited
(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
JSE Code: TRU
NSX Code: TRW
ISIN: ZAE000028296

BUSINESS UPDATE

Truworths International Limited (“the Group”) announces that the Group retail sales for the first 18 weeks (from 2 July 2012 until 4 November 2012)
of the 2013 financial period increased by 15.9% to R3.3 billion with credit sales growth of 15.1%.

Comparable (same store) retail sales increased by 10.7% and product inflation averaged 3%. Credit sales comprised 72% of retail sales
(2012: 73%) during the period,whilst trading space increased by 7.4% relative to the prior corresponding   period-end.

The trade receivables book grew by 16.5% over the corresponding prior period-end to R4 billion. The receivables’ book continued to perform in
accordance with management’s expectations.

Shareholders are advised that this update does not constitute an earnings forecast, and that the financial information provided has neither been
reviewed nor reported on by the external auditors. The 2013 financial period will comprise 52 trading weeks, with the interim results for the 26 week
period ending December 2012 scheduled for release on or about 20 February 2013.


8 November 2012
Cape Town
JSE Sponsor: One Capital
NSX Sponsor: Old Mutual Investment Services (Namibia) (Pty) Ltd

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