Closed period share repurchase programme THE FOSCHINI GROUP LIMITED Reg. No.: 1937/009504/06 Code: TFG ISIN: ZAE000148466 ("TFG" or the "company") CLOSED PERIOD SHARE REPURCHASE PROGRAMME In compliance with the JSE Listings requirements, shareholders are advised that the company has entered into a repurchase programme to repurchase shares during its closed period. The closed period will commence on 1 October 2013 and is anticipated to end on or about 7 November 2013, when the group’s interim results for the period ended 30 September 2013 are expected to be released on SENS. The maximum aggregate consideration payable in terms of the repurchase programme is R250 million. The mandate relating to the repurchase programme is irrevocable, and any repurchases made pursuant thereto will be carried out on the JSE within certain predetermined parameters that have been agreed in writing with the broking firm. Any repurchases so effected will be in accordance with the general authority granted by special resolution of the company’s shareholders passed at the company’s annual general meeting held on 2 September 2013 and in compliance with the relevant provisions of the JSE Listings Requirements and the Companies Act (71 of 2008), as amended. Cape Town 30 September 2013 SPONSOR UBS South Africa (Pty) Ltd Date: 30/09/2013 03:00:00 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.