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SHOPRITE HOLDINGS LIMITED - Operational Update

Release Date: 16/07/2013 14:00
Code(s): SHP     PDF:  
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Operational Update

SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration no. 1936/007721/06
ISIN: ZAE000012084
JSE share code: SHP
NSX share code: SRH
LuSE share code: SHOPRITE
(”Shoprite Holdings” and “the Group”)

OPERATIONAL UPDATE

For the 12 months to June 2013 the Group increased total turnover by 12.1% to about
R92.7 billion, compared with the corresponding 12 months of 2012. Growth on a
like-for-like basis was 5.8%. During the 2013 reporting period, internal food inflation
averaged 4.3% compared to 4.9% in the 2012 reporting period.

The growing pressure on consumers’ disposable income reflects in the slow-down in
sales in the South African supermarket division, the largest division in the Group,
which grew sales by 9.8%

This had an impact on the Group’s total performance which saw turnover growth of
10.4% in the second half of the year, compared to 13.8% in the first half.

When converted to rand, the turnover of the 153 supermarkets the Group operates
outside the borders of South Africa, increased by 27.9% compared to the 2012
reporting period. Taken at constant currencies these operations grew by 21.2%.

With relatively low product inflation, the furniture division grew turnover by 4.7%.

The above financial information has not been reviewed or reported on by the Shoprite
Holdings’ auditors. The financial results for the review period are expected to be
published on or about Tuesday, 20 August 2013.



Whitey Basson                        Carel Goosen
Chief executive                      Deputy managing director
                                     Tel 021 980 4000

Date issued                          16 July 2013
Sponsor                              Nedbank Capital

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