First Quarter Operational Update – FY 2014 CASHBUILD LIMITED (Registration number: 1986/001503/06) (Incorporated in the Republic of South Africa) JSE share code: CSB ISIN: ZAE000028230 (“Cashbuild” or “the company”) FIRST QUARTER OPERATIONAL UPDATE – FY 2014 In line with past practice and disclosure, Cashbuild herewith provides its quarterly trading update. Revenue for the company was up by 10% on the first quarter of the prior financial year. Stores opened since 1 July 2012 (new stores –12 stores) contributed 4% of the increase, whilst existing stores (191 stores) contributed 6%. Transactions through the tills during the 1st quarter increased by 3% with new stores increasing with 4%. Existing stores showed a decrease of 1%. Units sold increased by 13% with existing stores increasing by 11%. Three new stores were opened during this quarter therefore the number of stores trading at the end of the quarter was 203. Five stores were refurbished and one relocated during this quarter. Management is satisfied with the growth in revenue experienced during this quarter. Trading conditions remained tough throughout the quarter with gross margin growth in rands being lower than the top line growth reported above. Selling inflation was at 4% at the end of September 2013. Management remains focused on actions aimed to reduce expenses growth to below gross margin growth. 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 9 5 4 88 Lesotho Q1 21 - 21 3 Namibia Q1 37 - 37 1 Swaziland Q1 17 - 17 4 Botswana (in Rand) Q1 15 - 15 4 Botswana (in Pula) Q1 3 - 3 Malawi (in Rand) Q1 76 - 76 - Malawi (in Kwatcha) Q1 61 - 61 Total Cashbuild Q1 10 4 6 100 Transactions versus prior year per region Total New Existing Percentage of total transactions % % % % South Africa Q1 3 4 (1) 89 Lesotho Q1 5 - 5 2 Namibia Q1 18 - 18 3 Swaziland Q1 4 - 4 2 Botswana Q1 - - - 4 Malawi Q1 8 - 8 - Total Cashbuild Q1 3 4 (1) 100 Number of stores – end quarter one Total New Existing Percentage of total % South Africa 178 12 166 88 Lesotho 5 - 5 2 Namibia 3 - 3 1 Swaziland 6 - 6 3 Botswana 10 - 10 5 Malawi 1 - 1 1 Total 203 12 191 100 28 October 2013 Sponsor Nedank Capital Date: 28/10/2013 04:50:00 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.