SECOND QUARTER OPERATIONAL UPDATE – FY 2013 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028230 (“Cashbuild” or “the company”) SECOND QUARTER OPERATIONAL UPDATE – FY 2013 Cashbuild is currently in the process of finalising its results for the half-year ended December 2012. In line with past practice and disclosure, Cashbuild herewith provides its quarterly operational update. Revenue for the company was up by 1% on the second quarter of the prior financial year. Stores opened since 1 July 2011 (new stores – 7 stores) contributed 2% of the increase, whilst existing stores (187 stores) decreased by 1%. This, together with the growth reported in quarter one, equates to an increase in revenue for the half year of 2%. Transactions through the tills during the 2nd quarter and half year remained at similar levels to that of the comparative periods. New stores increased with 2% and existing stores decreased with 2%. Total units sold decreased by 5%, with existing stores’ units decreasing by 7%. Half year units sold decreased by 2% on prior half year, with existing stores’ units decreasing by 4%. Two new stores were opened during this quarter (half year: 3 stores) bringing the number of stores trading at the end of the half year period to 194. Ten stores were refurbished during this quarter (half year: 13), and two stores were relocated (half year: 4). In addition to the factual part of the operational update given above, the following paragraphs will only deal with indicative information. Selling inflation was at 1.9% at the end of December 2012 when compared to December 2011. Gross profit percentage margins for the half year are higher than the comparative period of the prior year but have declined from those reported in the second half of the prior financial year. Detail per region The breakdown per region of the factual information given in the update above is reflected in the following three tables: Revenue versus prior year per region Total New Existing Percentage of total sales % % % % South Africa Q1 5 1 4 88 Q2 1 2 (1) 88 Half 3 2 1 88 Year Lesotho Q1 (7) - (7) 3 Q2 - - - 3 Half (3) - (3) 3 Year Namibia Q1 (15) - (15) 1 Q2 (6) - (6) 1 Half (10) - (10) 1 Year Swaziland Q1 (13) - (13) 4 Q2 (4) - (4) 4 Half (9) - (9) 4 Year Botswana (in Rand) Q1 5 - 5 4 Q2 2 - 2 4 Half 3 - 3 4 Year Botswana (in Pula) Half 2 - 2 Year Malawi (in Rand) Q1 (29) - (29) - Q2 (4) - (4) - Half (17) - (17) - Year Malawi (in Kwatcha) Half 52 - 52 Year Total Cashbuild Q1 4 1 3 100 Q2 1 2 (1) 100 Half 2 2 - 100 Year Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Q1 1 1 - 89 Q2 (1) 3 (2) 89 Half - 2 (2) 89 Year Lesotho Q1 1 - 1 2 Q2 (2) - (2) 2 Half (1) - (1) 2 Year Namibia Q1 (13) - (13) 3 Q2 (10) - (10) 2 Half (12) - (12) 2 Year Swaziland Q1 1 - 1 2 Q2 3 - 3 3 Half 2 - 2 3 Year Botswana Q1 (2) - (2) 4 Q2 (3) - (3) 4 Half (3) - (3) 4 Year Malawi Q1 2 - 2 - Q2 15 - 15 - Half 8 - 8 - Year Total Cashbuild Q1 1 1 - 100 Q2 - 2 (2) 100 Half - 2 (2) 100 Year Number of stores – end quarter two Total New Existing Percentage of total % South Africa 169 7 162 86 Lesotho 5 - 5 3 Namibia 3 - 3 2 Swaziland 6 - 6 3 Botswana 10 - 10 5 Malawi 1 - 1 1 Total 194 7 187 100 30 January 2013 Sponsor Nedbank Capital Date: 30/01/2013 07:30:00 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.