SHOPRITE HOLDINGS LIMITED - Operational Update

Operational Update

SHOPRITE HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
(Reg. No. 1936/007721/06)
(ISIN: ZAE 000012084)
(JSE Share code: SHP)
(NSX Share code: SRH)
(LuSE Share code: SHOPRITE)
(“Shoprite Holdings” or “the Group”)


OPERATIONAL UPDATE

The Shoprite Group has increased turnover by 10,2% for the 3 months to September
2013. This growth in turnover was better than the growth in the preceding quarter to
June 2013, even though local market conditions worsened and South African consumers
came under increasing pressure.

 The Group’s core business, RSA Supermarkets, increased turnover by 8,3% which is
ahead of the growth of the sector as a whole. Internal food inflation averaged 4,2% for
the period compared to official food inflation of 6.6%.

The Group’s Non-RSA Supermarkets increased its turnover by 29,1% and in constant
currency terms, by 15,6%. The performance of the Group’s non-RSA operations was
supported by the opening of 14 new food outlets since October 2012 compared to 20 in
the corresponding period. Of the14, five were Shoprite supermarkets and 9 were Usave
stores.

The highly competitive market conditions in which the furniture division traded remained
virtually unchanged. It nevertheless increased turnover by 9,3% despite the continuing
deflationary environment.

A further 46 new supermarkets are to be opened before 31 December 2013. Although
the Group is well prepared and expects fair trading conditions in the run-up to
Christmas, it is difficult to predict festive season consumer spending patterns, which
obviously has a considerable impact on second-quarter sales and profitability.



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

Date issued:28 October 2013
Sponsor: Nedbank Capital

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